XML 26 R14.htm IDEA: XBRL DOCUMENT v3.25.3

Goodwill and Other Intangibles

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

Goodwill and Other Intangibles

A summary of changes in the Company’s goodwill is as follows (in thousands):

 

						December 31, 2024						Acquisitions1																		Acquisition Accounting Adjustments						Foreign Currency						September 30, 2025
Goodwill						$	5,984,667					$	123,109																	$	1,845					$	227,456					$	6,337,077

1 Reflects the recognition of preliminary goodwill assigned to the Vehicle Payments segment related to the Gringo acquisition completed by the Company during the nine months ended September 30, 2025.

At September 30, 2025, the Company's goodwill is presented net of accumulated impairment losses of $90.0 million, all of which were recorded during the year ended December 31, 2024.

As of September 30, 2025 and December 31, 2024, other intangibles consisted of the following (in thousands):

												September 30, 2025																		December 31, 2024
						Weighted- Avg Useful Lives (Years)						Gross Carrying Amounts						Accumulated Amortization						Net Carrying Amount						Gross Carrying Amounts						Accumulated Amortization						Net Carrying Amount
Customer and vendor relationships						16.7						$	3,579,067					$	(1,848,541)					$	1,730,526					$	3,476,642					$	(1,624,079)					$	1,852,563
Trade names and trademarks—indefinite lived						N/A						446,568						—						446,568						410,391						—						410,391
Trade names and trademarks—other						2.6						67,448						(20,897)						46,551						66,047						(13,055)						52,992
Software						5.7						329,394						(268,902)						60,492						306,296						(245,038)						61,258
Non-compete agreements						3.8						58,563						(31,705)						26,858						52,412						(19,174)						33,238
Total other intangibles												$	4,481,040					$	(2,170,045)					$	2,310,995					$	4,311,788					$	(1,901,346)					$	2,410,442
N/A = Not Applicable

Changes in foreign exchange rates resulted in a $58.6 million increase to the net carrying values of other intangibles in the nine months ended September 30, 2025. Amortization expense related to intangible assets for the nine months ended September 30, 2025 and 2024 was $185.6 million and $169.6 million, respectively.

The future estimated amortization of intangible assets at September 30, 2025 is as follows (in thousands):

Remaining 2025						$	232,246
2026						217,884
2027						204,582
2028						191,461
2029						175,176
Thereafter						843,078

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for goodwill and intangible assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-20/tableOfContent

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration