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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Carrying Amount of Goodwill | The table below sets forth the changes in the carrying value of goodwill by reportable segment for the six months ended June 30, 2025.
| Healthcare |  | Education |  | Commercial |  | Total
Balance as of December 31, 2024: |  |  |  |  |  |  |
Goodwill | $ | 643,552 |  |  | $ | 145,981 |  |  | $ | 345,102 |  |  | $ | 1,134,635 |
Accumulated impairment losses | (190,024) |  |  | (1,417) |  |  | (264,451) |  |  | (455,892) |
Goodwill, net as of December 31, 2024 | $ | 453,528 |  |  | $ | 144,564 |  |  | $ | 80,651 |  |  | $ | 678,743 |
Goodwill recorded in connection with business acquisitions(1) | 53,832 |  |  | 6,212 |  |  | — |  |  | 60,044 |
Foreign currency translation | — |  |  | 283 |  |  | — |  |  | 283 |
Goodwill, net as of June 30, 2025 | $ | 507,360 |  |  | $ | 151,059 |  |  | $ | 80,651 |  |  | $ | 739,070 |
(1) See Note 4 "Acquisitions" for additional information on business combinations completed in 2025. Of the $60.0 million of goodwill recorded in the first six months of 2025, $53.8 million related to the acquisition of Eclipse Insights within our Healthcare segment. Goodwill is recognized for the excess of purchase price over the net fair value of assets acquired and liabilities assumed, and largely reflects the expanded market opportunities expected from combining the service offerings of Huron and Eclipse Insights, as well as the assembled workforce of Eclipse Insights. All of the $53.8 million of goodwill is expected to be tax deductible.
Intangible Assets | Intangible assets as of June 30, 2025 and December 31, 2024 consisted of the following:
|  |  | As of June 30, 2025 |  | As of December 31, 2024
| Useful Life (in years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Customer relationships | 4 to 10 |  | $ | 58,558 |  |  | $ | 12,303 |  |  | $ | 30,683 |  |  | $ | 9,790 |
Technology and software | 2 to 5 |  | 18,330 |  |  | 13,764 |  |  | 16,230 |  |  | 12,771 |
Trade names | 6 |  | 6,000 |  |  | 6,000 |  |  | 6,000 |  |  | 6,000 |
Customer contracts | 1 to 4 |  | 1,681 |  |  | 1,062 |  |  | 1,483 |  |  | 418 |
Non-competition agreements | 2 to 5 |  | 1,380 |  |  | 805 |  |  | 1,260 |  |  | 601 |
Total |  |  | $ | 85,949 |  |  | $ | 33,934 |  |  | $ | 55,656 |  |  | $ | 29,580 |
Schedule of Future Amortization Expense | The table below sets forth the estimated annual amortization expense for the intangible assets recorded as of June 30, 2025.
Year Ending December 31, |  | Estimated Amortization Expense
2025 |  | $ | 11,342 |
2026 |  | $ | 11,025 |
2027 |  | $ | 8,890 |
2028 |  | $ | 7,552 |
2029 |  | $ | 5,600 |

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