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Goodwill (Tables)
 12 Months Ended
Dec. 31, 2024
Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the periods ended December 31, 2024 and 2023, are as follows:

 

 

Segment

 

 

Engine
Services

 

 

Component
Repair
Services

 

 

Total

 

 

(in thousands)

 

Balance, December 31, 2022

 

$

1,201,213

 

 

$

408,304

 

 

$

1,609,517

 

Goodwill acquired

 

 

23,494

 

 

 

—

 

 

 

23,494

 

Post-closing adjustment

 

 

—

 

 

 

(515

)

 

 

(515

)

Goodwill, December 31, 2023

 

 

1,224,707

 

 

 

407,789

 

 

 

1,632,496

 

Goodwill acquired

 

 

—

 

 

 

53,474

 

 

 

53,474

 

Goodwill, December 31, 2024

 

$

1,224,707

 

 

$

461,263

 

 

$

1,685,970