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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill The Company’s carrying amount of goodwill remained unchanged at $143.2 million as of both December 31, 2025 and 2024. The Company’s reporting units are E&M, T&D, and Wagner Smith Equipment (“WSE”). WSE is within the T&D reportable segment. Goodwill also remained unchanged for each reportable segment as of both December 31, 2025 and 2024, with $115.9 million for E&M and $27.3 million for T&D. No impairments of goodwill were recorded for the years ended December 31, 2025, 2024 and 2023. Other Intangible Assets Finite-lived intangible assets, which were classified in Other noncurrent assets, were as follows as of December 31:
|  |  | 2024
|  |  | (In thousands)
Customer relationships |  |  | $ | 10,450 |
Less: accumulated amortization |  |  | (10,334) |
Net customer relationships |  |  | 116 |
Total |  |  | $ | 116 |
During the third quarter of 2025, the Company wrote off the remaining asset cost and associated accumulated amortization of the finite-lived intangible assets related to customer relationships that were fully amortized. For the years ended December 31, 2025, 2024 and 2023, amortization expense for finite-lived intangible assets was $0.1 million, $1.9 million and $2.1 million, respectively. As a result of the finite-lived intangible assets being fully amortized during the first quarter of 2025, there was no future amortization expense remaining for finite-lived intangible assets. Amortization expense is recognized in Selling, general and administrative expenses in the consolidated statements of income. No impairments of finite-lived intangible assets were recorded for the years ended December 31, 2025, 2024 and 2023.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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