Quarterly report pursuant to Section 13 or 15(d)

Acquisitions, Goodwill and Other Intangible Assets (Tables)

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Acquisitions, Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Summary of Goodwill and Intangible Assets, Net
Goodwill and intangible assets, net consisted of the following (in thousands):
June 30, 2024 December 31, 2023
Gross
Carrying
Amount
Accumulated
Amortization
Net Book
Value
Gross
Carrying
Amount
Accumulated
Amortization
Net Book
Value
Goodwill and intangible assets:            
Goodwill $ 37,871  $ —  $ 37,871  $ 38,046  $ —  $ 38,046 
Intangible assets (1)
30,846  (19,747) 11,099  31,022  (17,885) 13,137 
$ 68,717  $ (19,747) $ 48,970  $ 69,068  $ (17,885) $ 51,183 
(1)
Total weighted remaining average amortization period was 3.4 years and 3.8 years as of June 30, 2024 and December 31, 2023, respectively. Intangible assets principally include non-competes and customer relationships.
Summary of Changes in Carrying Carrying Amount of Goodwill
The changes in the carrying amount of goodwill consisted of the following (in thousands):
Six Months Ended June 30, 2024
Beginning balance $ 38,046 
Additions from acquisitions — 
Impact of foreign currency translation (175)
Ending balance $ 37,871 
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):
June 30, 2024
Remainder of 2024 $ 2,008 
2025 3,869 
2026 2,156 
2027 1,856 
2028 1,210 
Thereafter — 
$ 11,099