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Intangible Assets
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Note 6. Intangible Assets
Intangible assets consisted of the following as of:
December 31, 2025
Useful
Life		Gross Carrying
Value		Accumulated
Amortization		Net Book
Value
(in thousands)
Customer relationships
5-20 years
$515,874 $369,843 $146,031 
Developed technology
5-12 years
95,347 83,777 11,570 
Trade names
3-10 years
34,663 28,027 6,636 
Non-compete agreements
5 years
1,907 1,904 3 
Total
$647,791 $483,551 $164,240 

December 31, 2024
Useful
Life		Gross Carrying
Value		Accumulated
Amortization		Net Book
Value
(in thousands)
Customer relationships
5- 20 years
$511,374 $327,038 $184,336 
Developed technology
2-12 years
93,855 76,430 17,425 
Trade names
3-10 years
33,881 24,477 9,404 
Non-compete agreements
2-5 years
1,936 1,929 7 
Total$641,046 $429,874 $211,172 
Amortization expense was $53.9 million, $67.8 million and $82.8 million for the years ended December 31, 2025, 2024 and 2023, respectively.
The weighted average remaining useful life of intangible assets acquired is 6.7 years, 7.4 years and 8.8 years for the years ended December 31, 2025, 2024 and 2023, respectively.
In determining the useful life for each category of intangible asset, the Company considered the following: the expected use of the intangible, the longevity of the brand and considerations for obsolescence, demand, competition and other economic factors.
Amortization expense for the Company’s intangible assets is as follows (in thousands):
Year Ended December 31,
2026$43,123 
202733,884 
202827,490 
202919,437 
203014,269 
Thereafter26,037 
Total amortization expense for the Company’s intangible assets$164,240