The changes in the carrying amount of goodwill for both the Service Center segment and the Engineered Solutions segment for the fiscal year ended June 30, 2025 and the six-month period ended December 31, 2025 are as follows:


	Service Center		Engineered Solutions		Total
Balance at June 30, 2024	$	219,574	$	399,821	$	619,395
Goodwill acquired during the year	2,262		77,847		80,109

Other, primarily currency translation	(130)		—		(130)
Balance at June 30, 2025	$	221,706	$	477,668	$	699,374
Goodwill acquired during the period	507		1,238		1,745

Other, primarily currency translation	303		—		303
Balance at December 31, 2025	$	222,516	$	478,906	$	701,422

The Company has eight (8) reporting units for which an annual goodwill impairment assessment was performed as of January 1, 2025. Based on the assessment performed, the Company concluded that the fair value of all of the reporting units exceeded their carrying amount as of January 1, 2025, therefore no impairment exists.

At December 31, 2025 and June 30, 2025, accumulated goodwill impairment losses subsequent to fiscal 2002 totaled $64,794 related to the Service Center segment and $167,605 related to the Engineered Solutions segment.

The Company’s identifiable intangible assets resulting from business combinations are amortized over their estimated period of benefit and consist of the following:


December 31, 2025	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Identifiable Intangibles:
Customer relationships	$	511,352	$	249,594	$	261,758
Trade names	108,353		45,274		63,079
Other	6,902		2,952		3,950
Total Identifiable Intangibles	$	626,607	$	297,820	$	328,787


June 30, 2025	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Identifiable Intangibles:
Customer relationships	$	510,834	$	233,392	$	277,442
Trade names	108,344		41,585		66,759
Other	6,902		2,503		4,399
Total Identifiable Intangibles	$	626,080	$	277,480	$	348,600

Amounts include the impact of foreign currency translation. Fully amortized finite-lived identifiable intangible assets are written off in the period when they become fully amortized.

During the six-month period ended December 31, 2025, the Company acquired identifiable intangible assets with a preliminary acquisition cost allocation and weighted-average life as follows:

Identifiable intangible assets with finite lives are reviewed for impairment when changes in conditions indicate carrying value may not be recoverable.

Estimated future amortization expense by fiscal year (based on the Company’s identifiable intangible assets as of December 31, 2025) for the next five years is as follows: $19,300 for the remainder of 2026, $37,000 for 2027, $34,600 for 2028, $32,500 for 2029, $30,500 for 2030 and $28,500 for 2031.