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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

The following table presents intangible assets as of:

 

 

  

March 31, 2021

 

 

December 31, 2020

 

 

  

Gross

Carrying

Amount

 

  

Accumulated

Amortization

 

 

Gross

Carrying

Amount

 

  

Accumulated

Amortization

 

 

  

(In thousands)

 

Customer relationships 

  

$

1,532,135

  

  

$

(155,107

 

$

195,435

  

  

$

(94,690

Trade names

 

 

185,361

 

 

 

(65,766

)

 

 

52,061

 

 

 

(38,138

)

Subcontractor relationships

 

 

5,440

 

 

 

(2,397

)

 

 

5,440

 

 

 

(1,944

)

Non-compete agreements

 

 

3,719

 

 

 

(2,135

)

 

 

3,719

 

 

 

(2,001

)

Total intangible assets

 

$

1,726,655

 

 

$

(225,405

)

 

$

256,655

 

 

$

(136,773

)

Estimated Amortization Expense for Intangible Assets

The following table presents the estimated amortization expense for intangible assets for the years ending December 31 (in thousands):

 

2021 (from April 1, 2021)

  

$

257,017

  

2022 

  

 

207,258

  

2023 

  

 

180,421

  

2024 

  

 

159,158

  

2025 

  

 

140,181

  

Thereafter

 

 

557,215

 

Total future net intangible amortization expense

 

$

1,501,250