Intangible Assets, Net and Certain Cloud Computing Costs (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets, net consisted of the following (dollars in thousands):


	Useful Life	Gross Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life (Years)
December 31, 2025
Client and other relationships	2 to 20 years	$	1,525,815	$	(602,572)	$	923,243	10.3
Trademarks	2 to 15 years	272,269		(226,370)		45,899		1.3
Capitalized software development costs	3 to 5 years	665,631		(416,448)		249,183		2.0
Acquired technology	4 to 7 years	331,973		(253,211)		78,762		1.8
Intangible assets, net		$	2,795,688	$	(1,498,601)	$	1,297,087	7.9
December 31, 2024
Client relationships	2 to 20 years	$	1,453,811	$	(490,426)	$	963,385	11.6
Trademarks	2 to 15 years	324,229		(263,671)		60,558		5.8
Capitalized software development costs	3 to 5 years	575,106		(293,588)		281,518		2.1
Acquired technology	4 to 7 years	341,563		(215,664)		125,899		2.8
Intangible assets, net		$	2,694,709	$	(1,263,349)	$	1,431,360	8.7

Schedule of Amortization of Intangible Assets Expense by Components

The following table presents the Company's amortization of intangible assets expense by component (in thousands):


	Year Ended December 31,
	2025		2024		2023
Amortization of acquired intangibles	$	183,147	$	230,328	$	242,976
Amortization of capitalized software development costs	167,617		133,037		82,957
Amortization of intangible assets	$	350,764	$	363,365	$	325,933

Schedule of Periodic Amortization to be Charged to Expense over the Remaining Life of Intangible Assets

Periodic amortization of intangible assets that will be charged to expense over the remaining life of the intangible assets as of December 31, 2025 was as follows (in thousands):


Years Ending December 31,
2026	$	347,492
2027	234,213
2028	138,681
2029	103,737
2030 and thereafter	472,964
	$	1,297,087