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Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2024

Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consist of the following:


		As of December 31, 2024
		Gross Carrying Amount				Accumulated Amortization				Net Balance				Weighted-Average Amortization Period Remaining
		(in thousands)												(in years)
Customer relationships		$	1,461,276			$	(456,575	)		$	1,004,701				12.9
OEM authorizations and licenses			334,009				(172,487	)			161,522				11.8
Trademarks			204,000				(78,247	)			125,753				9.3
Technology and other			9,127				(4,915	)			4,212				5.6
Total intangible assets		$	2,008,412			$	(712,224	)		$	1,296,188				12.4


		As of December 31, 2023
		Gross Carrying Amount				Accumulated Amortization				Net Balance				Weighted-Average Amortization Period Remaining
		(in thousands)												(in years)
Customer relationships		$	1,386,276			$	(375,529	)		$	1,010,747				13.7
OEM authorizations and licenses			299,710				(159,227	)			140,483				11.8
Trademarks			204,000				(64,646	)			139,354				10.3
Technology and other			9,092				(3,949	)			5,143				6.2
Total intangible assets		$	1,899,078			$	(603,351	)		$	1,295,727				13.1

Schedule of Estimated Amortization Expense

Estimated amortization expense for each of the five succeeding fiscal years is as follows:


		Amortization Expense
		(in thousands)
2025		$	130,974
2026			121,389
2027			111,095
2028			109,586
2029			106,421