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Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Intangible Assets | The following tables set forth information for intangible assets:
|  |  |  | March 31, 2026 |
(amounts in thousands) |  | Weighted Average Useful Life |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Accumulated Impairment Charges |  |  | Net Carrying Value |
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Client relationships |  | 14 years |  | $ | 2,256,291 |  |  | $ | 1,762,270 |  |  | $ | — |  |  | $ | 494,021 |
Trade names |  | 10 years |  |  | 88,600 |  |  |  | 73,428 |  |  |  | — |  |  |  | 15,172 |
Total finite-lived intangible assets |  |  |  |  | 2,344,891 |  |  |  | 1,835,698 |  |  |  | — |  |  |  | 509,193 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade name |  |  |  |  | 1,480,000 |  |  |  | — |  |  |  | 1,037,600 |  |  |  | 442,400 |
Total other intangible assets |  |  |  | $ | 3,824,891 |  |  | $ | 1,835,698 |  |  | $ | 1,037,600 |  |  | $ | 951,593 |
|  |  |  | December 31, 2025 |
(amounts in thousands) |  | Weighted Average Useful Life |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Accumulated Impairment Charges |  |  | Net Carrying Value |
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Client relationships |  | 14 years |  | $ | 2,256,367 |  |  | $ | 1,722,227 |  |  | $ | — |  |  | $ | 534,140 |
Trade names |  | 10 years |  |  | 88,600 |  |  |  | 71,213 |  |  |  | — |  |  |  | 17,387 |
Total finite-lived intangible assets |  |  | 2,344,967 |  |  |  | 1,793,440 |  |  |  | — |  |  |  | 551,527 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trade name |  |  |  |  | 1,480,000 |  |  |  | — |  |  |  | 1,037,600 |  |  |  | 442,400 |
Total other intangible assets |  | $ | 3,824,967 |  |  | $ | 1,793,440 |  |  | $ | 1,037,600 |  |  | $ | 993,927 |
Summary of Estimated Future Amortization Expenses of Finite Lived Intangible Assets | As of March 31, 2026, estimated future amortization expense of the Company’s finite-lived intangible assets are as follows:
(in thousands) |  |  |
Remainder of 2026 |  | $ | 126,797 |
2027 |  |  | 167,500 |
2028 |  |  | 133,069 |
2029 |  |  | 76,636 |
2030 |  |  | 3,442 |
Thereafter |  |  | 1,749 |
Total amortization expense |  | $ | 509,193 |

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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
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