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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

Intangible assets consist of the following:

 

(dollar amounts in thousands)

 

Estimated
useful life
in years

 

Average remaining life in years

 

Cost

 

Accumulated amortization

 

Net book value

September 30, 2025

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

6 to 11

 

6.3

 

$75,734

 

$(31,156)

 

$44,578

Non-compete agreements

 

5

 

2.3

 

10,806

 

(6,818)

 

3,988

Trade name

 

0.75 to 8

 

3.5

 

2,000

 

(1,475)

 

525

   Total amortizing

 

 

 

 

 

88,540

 

(39,449)

 

49,091

Trade name - non-amortizing

 

Indefinite

 

 

 

171

 

 

171

   Total

 

 

 

 

 

$88,711

 

$(39,449)

 

$49,262

 

 

 

 

 

 

 

 

 

 

 

December 31, 2024

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

8 to 11

 

6.9

 

$73,217

 

$(25,010)

 

$48,207

Non-compete agreements

 

5

 

2.8

 

10,556

 

(5,239)

 

5,317

Trade name

 

0.75 to 8

 

4.3

 

2,000

 

(1,363)

 

637

   Total amortizing

 

 

 

 

 

85,773

 

(31,612)

 

54,161

Trade name - non-amortizing

 

Indefinite

 

 

 

171

 

 

171

   Total

 

 

 

 

 

$85,944

 

$(31,612)

 

$54,332