Intangible Assets (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Intangible Asset, Goodwill and Other [Abstract] |
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| Schedule of Finite-Lived Intangible Assets |
Intangible assets, net at the respective balance sheet dates consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | (in thousands) | Weighted average remaining life (in years) | | Gross carrying amount | | Accumulated impairment loss | | Accumulated amortization | | Net book value | | Intangible assets subject to amortization: | | | | | | | | | | Customer relationships | 2.6 | | $ | 234,108 | | | $ | — | | | $ | (161,119) | | | $ | 72,989 | | | Technology | 0.0 | | 1,500 | | | — | | | (1,500) | | | — | | | Trade names | 1.5 | | 165,500 | | | (132,540) | | | (27,763) | | | 5,197 | | | Indefinite-lived intangible assets: | | | | | | | | | | | Trade name – WillScot | | | 125,000 | | | — | | | — | | | 125,000 | | | Total intangible assets | | | $ | 526,108 | | | $ | (132,540) | | | $ | (190,382) | | | $ | 203,186 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | (in thousands) | Weighted average remaining life (in years) | | Gross carrying amount | | Accumulated impairment loss | | Accumulated amortization | | Net book value | | Intangible assets subject to amortization: | | | | | | | | | | Customer relationships | 3.0 | | $ | 234,108 | | | $ | — | | | $ | (144,959) | | | $ | 89,149 | | | Technology | 0.5 | | 1,500 | | | — | | | (1,375) | | | 125 | | | Trade names | 1.8 | | 165,500 | | | (132,540) | | | (23,146) | | | 9,814 | | | Indefinite-lived intangible assets: | | | | | | | | | | | Trade name – WillScot | | | 125,000 | | | — | | | — | | | 125,000 | | | Total intangible assets | | | $ | 526,108 | | | $ | (132,540) | | | $ | (169,480) | | | $ | 224,088 | |
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| Schedule of Indefinite-Lived Intangible Assets |
Intangible assets, net at the respective balance sheet dates consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | (in thousands) | Weighted average remaining life (in years) | | Gross carrying amount | | Accumulated impairment loss | | Accumulated amortization | | Net book value | | Intangible assets subject to amortization: | | | | | | | | | | Customer relationships | 2.6 | | $ | 234,108 | | | $ | — | | | $ | (161,119) | | | $ | 72,989 | | | Technology | 0.0 | | 1,500 | | | — | | | (1,500) | | | — | | | Trade names | 1.5 | | 165,500 | | | (132,540) | | | (27,763) | | | 5,197 | | | Indefinite-lived intangible assets: | | | | | | | | | | | Trade name – WillScot | | | 125,000 | | | — | | | — | | | 125,000 | | | Total intangible assets | | | $ | 526,108 | | | $ | (132,540) | | | $ | (190,382) | | | $ | 203,186 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | (in thousands) | Weighted average remaining life (in years) | | Gross carrying amount | | Accumulated impairment loss | | Accumulated amortization | | Net book value | | Intangible assets subject to amortization: | | | | | | | | | | Customer relationships | 3.0 | | $ | 234,108 | | | $ | — | | | $ | (144,959) | | | $ | 89,149 | | | Technology | 0.5 | | 1,500 | | | — | | | (1,375) | | | 125 | | | Trade names | 1.8 | | 165,500 | | | (132,540) | | | (23,146) | | | 9,814 | | | Indefinite-lived intangible assets: | | | | | | | | | | | Trade name – WillScot | | | 125,000 | | | — | | | — | | | 125,000 | | | Total intangible assets | | | $ | 526,108 | | | $ | (132,540) | | | $ | (169,480) | | | $ | 224,088 | |
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| Schedule of Future Amortization of Intangible Assets |
As of June 30, 2026, the expected future amortization expense for intangible assets was as follows for the years ended December 31: | | | | | | | (in thousands) | | | 2026 (remaining) | $ | 19,308 | | | 2027 | 33,580 | | | 2028 | 18,037 | | | 2029 | 3,367 | | | 2030 | 3,117 | | | Thereafter | 777 | | | Total | $ | 78,186 | |
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