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GOODWILL AND INTANGIBLE ASSETS (Tables) | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill by Segment | The activity in goodwill by segment for the three months ended March 31, 2024 was as follows:
|  | December 31, 2023 |  |  |  |  |  | Currency Translation |  | March 31, 2024
|  | (In thousands)
U.S. |  | $ | 41,936 |  |  |  |  |  |  | $ | — |  |  | $ | 41,936 |
Europe |  | 1,116,521 |  |  |  |  |  |  | (11,540) |  |  | 1,104,981 |
Mexico |  | 127,804 |  |  |  |  |  |  | — |  |  | 127,804 |
Total |  | $ | 1,286,261 |  |  |  |  |  |  | $ | (11,540) |  |  | $ | 1,274,721 |
Schedule of Indefinite and Finite-Lived Intangible Assets | Intangible assets consisted of the following:
|  | December 31, 2023 |  |  |  | Amortization |  | Currency Translation |  | March 31, 2024
|  | (In thousands)
Cost: |  |  |  |  |  |  |  |  |  |
Trade names not subject to amortization |  | $ | 580,473 |  |  |  |  | $ | — |  |  | $ | (5,644) |  |  | $ | 574,829 |
Trade names subject to amortization |  | 112,681 |  |  |  |  | — |  |  | (382) |  |  | 112,299 |
Customer relationships |  | 441,719 |  |  |  |  | — |  |  | (3,316) |  |  | 438,403 |
Accumulated amortization: |  |  |  |  |  |  |  |  |  |
Trade names |  | (57,762) |  |  |  |  | (970) |  |  | 52 |  |  | (58,680) |
Customer relationships |  | (223,128) |  |  |  |  | (7,145) |  |  | 1,169 |  |  | (229,104) |
Intangible assets, net |  | $ | 853,983 |  |  |  |  | $ | (8,115) |  |  | $ | (8,121) |  |  | $ | 837,747 |
Schedule of Intangible Assets Amortization and Estimated Useful Lives | Intangible assets are amortized over the estimated useful lives of the assets as follows:
Customer relationships | 3-18 years
Trade names subject to amortization | 15-20 years

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