Quarterly report [Sections 13 or 15(d)]

Acquisitions, Goodwill and Other Intangible Assets (Tables)

v3.25.3
Acquisitions, Goodwill and Other Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Summary of Goodwill and Intangible Assets, Net
Goodwill and intangible assets, net consisted of the following (in thousands):
September 30, 2025 December 31, 2024
Gross
Carrying
Amount		 Accumulated
Amortization 		Net Book
Value		 Gross
Carrying
Amount		 Accumulated
Amortization 		Net Book
Value
Goodwill and intangible assets:            
Goodwill $ 37,775  $ —  $ 37,775  $ 37,597  $ —  $ 37,597 
Intangible assets (1)
19,301  (15,050) 4,251  19,123  (13,199) 5,924 
$ 57,076  $ (15,050) $ 42,026  $ 56,720  $ (13,199) $ 43,521 
(1)Total weighted remaining average amortization period was 3.1 years and 3.5 years as of September 30, 2025 and December 31, 2024, respectively. Intangible assets principally include non-compete agreements and customer relationships.
Summary of the Changes in the Carrying Amount Of Goodwill
The changes in the carrying amount of goodwill consisted of the following (in thousands):
Nine Months Ended September 30, 2025
Beginning balance $ 37,597 
Additions from acquisitions — 
Impact of foreign currency translation 178 
Ending balance $ 37,775 
Schedule of Estimated Amortization Expense for Intangible Assets
Estimated amortization expense for intangible assets by year for the next five years and thereafter consisted of the following (in thousands):
September 30, 2025
Remainder of 2025 $ 440 
2026 1,387 
2027 1,214 
2028 1,210 
2029 — 
Thereafter — 
$ 4,251