v3.25.4
GOODWILL AND INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Goodwill
Total assets reflected on the balance sheet and not remeasured to fair value on a recurring basis, identified as Level 3 measurements, as of December 31, 2025 are $694.0 million, comprised of $662.4 million of goodwill and $31.6 million of identified indefinite-lived intangible assets. Accumulated goodwill impairment losses to date amounts to $9.3 million, all of which was recognized in the year ended December 31, 2015.
Intangible Assets, Net
Intangible assets, net consisted of the following at December 31 (in thousands):
20252024
Intangible assets:
Finite-lived intangible assets:
Carrying amount:
Customer relationships$145,051 $145,051 
Accumulated amortization:
Customer relationships(143,277)(142,331)
Total finite-lived intangible assets, net1,774 2,720 
Trade name (indefinite-lived)31,646 31,646 
Total intangible assets, net$33,420 $34,366 
As of December 31, 2025, estimated amortization expense of the Company’s intangible assets for each of the remaining years is as follows (in thousands):
Amortization
2026$620 
2027577 
2028577 
$1,774