Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 6 – Goodwill and Other Intangible Assets

Goodwill

Changes in the net carrying amount of goodwill were as follows:


	Total
Goodwill as of December 31, 2025	$	209,611
Foreign exchange impact		(946	)
Goodwill as of March 31, 2026	$	208,665

Other Intangible Assets

Other intangible assets, net consist of the following components:


	As of
	March 31, 2026
	Gross Carrying Amount		Accumulated Amortization			Net Amount
Customer lists/relationships	$	215,804	$	(89,439	)	$	126,365
Technology and other intangibles		62,025		(39,763	)		22,262
Other intangible assets, net	$	277,829	$	(129,202	)	$	148,627


	As of
	December 31, 2025
	Gross Carrying Amount		Accumulated Amortization			Net Amount
Customer lists/relationships	$	216,927	$	(86,526	)	$	130,401
Technology and other intangibles		62,167		(39,006	)		23,161
Other intangible assets, net	$	279,094	$	(125,532	)	$	153,562

Amortization expense for the three months ended March 31, 2026 and March 31, 2025 was $4,038 and $4,031, respectively. The changes in the gross carrying amounts of intangible assets are due to foreign exchange impacts in the quarter.

Remaining amortization expense for other intangible assets as of March 31, 2026 is as follows:


	Amortization expense
Remaining 2026	$	12,043
2027		15,998
2028		15,963
2029		14,795
2030		14,621
Thereafter		75,207
Total amortization expense	$	148,627