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Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Gross Amount and Accumulated Amortization of Intangible Assets | The gross amount and accumulated amortization of acquired identifiable intangible assets included in “Intangible assets, net” on the consolidated balance sheets were as follows (in thousands except for years):
|  | December 31, 2024 |  |  | December 31, 2023 |  |  | Weighted Average |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Amortization Period (in years) |
Backlog |  | $ | 142,100 |  |  | $ | (51,322 | ) |  | $ | 90,778 |  |  | $ | 130,000 |  |  | $ | (45,964 | ) |  | $ | 84,036 |  |  |  | 4.5 |
Customer relationships |  |  | 372,930 |  |  |  | (139,568 | ) |  |  | 233,362 |  |  |  | 297,120 |  |  |  | (124,194 | ) |  |  | 172,926 |  |  |  | 11.6 |
Leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 120 |  |  |  | (106 | ) |  |  | 14 |  |  |  | - |
Developed technology |  |  | 23,200 |  |  |  | (7,458 | ) |  |  | 15,742 |  |  |  | 31,600 |  |  |  | (15,823 | ) |  |  | 15,777 |  |  |  | 4.6 |
Trade name |  |  | 1,500 |  |  |  | (367 | ) |  |  | 1,133 |  |  |  | 1,000 |  |  |  | (417 | ) |  |  | 583 |  |  |  | 1.0 |
Non-compete agreements |  |  | 8,300 |  |  |  | (1,203 | ) |  |  | 7,097 |  |  |  | 1,500 |  |  |  | (1,097 | ) |  |  | 403 |  |  |  | 3.0 |
In process research and development |  |  | 1,800 |  |  |  | - |  |  |  | 1,800 |  |  |  | 1,800 |  |  |  | - |  |  |  | 1,800 |  |  | n/a |
Other intangibles |  |  | 25 |  |  |  | - |  |  |  | 25 |  |  |  | 375 |  |  |  | (348 | ) |  |  | 27 |  |  | n/a |
Total intangible assets |  | $ | 549,855 |  |  | $ | (199,918 | ) |  | $ | 349,937 |  |  | $ | 463,515 |  |  | $ | (187,949 | ) |  | $ | 275,566 |  |  |  |
Schedule of Estimated Amortization Expense | Estimated amortization expense in each of the next five years and beyond is as follows (in thousands):
|  | December 31, 2024 |
2025 |  | $ | 64,871 |
2026 |  |  | 57,313 |
2027 |  |  | 50,759 |
2028 |  |  | 36,871 |
2029 |  |  | 22,659 |
Thereafter |  |  | 115,639 |
Total |  | $ | 348,112 |

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 + Details
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