Company: WCC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000929008-25-000034
Chunk: 16

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 16
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 assets are as follows:As ofSeptember 30, 2025December 31, 2024Life (in years)Gross Carrying Amount (1)Accumulated Amortization (1)Net Carrying AmountGross Carrying Amount (1)Accumulated Amortization (1)Net Carrying AmountIntangible assets:(In millions)TrademarksIndefinite$791.0 $— $791.0 $789.7 $— $789.7 Customer relationships9 - 201,519.0 (546.0)973.0 1,502.4 (476.4)1,026.0 Distribution agreements8 - 1939.9 (30.0)9.9 29.2 (27.7)1.5 Trademarks5 and 1215.5 (13.4)2.1 15.5 (11.7)3.8 Software716.0 (2.9)13.1 16.0 (1.1)14.9 $2,381.4 $(592.3)$1,789.1 $2,352.8 $(516.9)$1,835.9 (1)    Excludes the original cost and related accumulated amortization of fully-amortized intangible assets.Amortization expense related to intangible assets totaled $22.4 million and $21.5 million for the three months ended September 30, 2025 and 2024, respectively, and $66.9 million and $65.3 million for the nine months ended September 30, 2025 and 2024, respectively.The following table sets forth the remaining estimated amortization expense for intangible assets for the next five years and thereafter:For the year ending December 31,(In millions)Remaining 2025$22.5 202685.8 202783.0 202881.3 202980.2 Thereafter645.3 Total$998.1 

6. STOCK-BASED COMPENSATION

Wesco’s stock-based compensation awards consist of stock options, stock-settled stock appreciation rights, restricted stock units and performance-based awards. Compensation cost for all stock-based awards is measured at fair value on the date of grant and compensation cost is recognized, net of estimated forfeitures, over the service period for awards