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Goodwill, Long Lived Asset Impairments and Loss on Disposal of Businesses
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill, Long Lived Asset Impairments and Loss on Disposal of Businesses

7. Goodwill and Long-Lived Asset Impairments:

During the second quarter of 2024, the Company experienced a triggering event, due to a sustained decline in its stock price and a market capitalization below the Company’s book equity value. As a result, the Company performed an interim goodwill impairment assessment. This assessment resulted in a non-cash goodwill impairment charge of $154.2 million.

During the nine months ended September 30, 2024, the Company recognized fixed asset impairments of $20.1 million, intangible asset impairments of $7.7 million and operating lease right-of-use asset impairments of $10.6 million associated with the exit of its affiliated office-based practices. The operating lease right-of-use impairments are recorded within the transformational and restructuring related expenses line item.