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Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
The following table represents changes in the carrying amount of goodwill:
(In thousands)
Balance as of December 31, 2025$737,946 
Foreign currency exchange rate fluctuations(659)
Balance as of March 31, 2026$737,287 
Intangible Assets, Net
The carrying amounts and useful lives of intangible assets were as follows:
March 31, 2026
Gross carrying
amount (1)
Accumulated
amortization
Foreign currency exchange
rate fluctuations
Net carrying
amount
Useful life
(years)
(In thousands, except for years)
Customer relationships$306,419 $(152,965)$(1,344)$152,110 
10 - 30
Acquired technology37,615 (24,900)— 12,715 
5 - 20
Patents1,656 (1,050)— 606 
2 - 20
Total intangible assets, net
$345,690 $(178,915)$(1,344)$165,431 
 
December 31, 2025
Gross carrying
amount (1)
Accumulated
amortization
Foreign currency exchange
rate fluctuations
Net carrying
amount
Useful life
(years)
(In thousands, except for years)
Customer relationships$306,419 $(148,990)$(1,317)$156,112 
10 - 30
Acquired technology39,715 (26,358)— 13,357 
4 - 20
Trade names2,400 (2,400)— — 5
Patents1,656 (1,020)— 636 
2 - 20
Total intangible assets, net
$350,190 $(178,768)$(1,317)$170,105 
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(1)    The differences in gross carrying amounts between periods are primarily due to the write-off of certain fully amortized intangible assets.
Amortization expense of intangible assets was $4.6 million and $5.8 million for the three months ended March 31, 2026 and 2025, respectively.
The estimated future amortization expenses for amortizable intangible assets were as follows:
March 31,
2026
(In thousands)
Remaining nine months of 2026$13,359 
202716,506 
202815,449 
202913,952 
203010,444 
Thereafter95,721 
Total$165,431