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Goodwill and Intangibles (Tables) | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets, Goodwill and Other Assets | The following table provides information related to the goodwill and intangible assets as of June 30, 2024 and December 31, 2023 (in millions):
| June 30, |  | December 31,
| 2024 |  | 2023
Goodwill | $ | 39.6 |  |  | $ | 40.0 |
Definite-lived intangibles | 27.0 |  |  | 28.6 |
Indefinite-lived intangibles | 0.7 |  |  | 0.7 |
Balance | $ | 67.3 |  |  | $ | 69.3 |
Schedule of Finite-Lived Intangible Assets | The following table summarizes information related to the Company's definite-lived intangible assets as of June 30, 2024 (in millions):
| Amortization Period (Years) | Gross Carrying Amount | Accumulated Amortization | Net Book Value | Weighted Average Useful Life
Client lists | 10 yrs | $ | 26.1 |  | $ | 4.6 |  | $ | 21.5 |  | 8.8
Trademarks | 10 yrs | 6.2 |  | 0.7 |  | 5.5 |  | 8.9
Total |  | $ | 32.3 |  | $ | 5.3 |  | $ | 27.0 |  | 8.8
The following table summarizes information related to the Company's definite-lived intangible assets as of December 31, 2023 (in millions):
| Amortization Period (Years) | Gross Carrying Amount | Accumulated Amortization | Net Book Value | Weighted Average Useful Life
Client lists | 10 yrs | $ | 26.1 |  | $ | 3.3 |  | $ | 22.8 |  | 9.3
Trademarks | 10 yrs | 6.2 |  | 0.4 |  | 5.8 |  | 9.4
Total |  | $ | 32.3 |  | $ | 3.7 |  | $ | 28.6 |  | 9.3
Schedule of Future Amortization Expense of Intangible Assets | In the second quarter of 2024, the Company recorded $0.8 million of intangible amortization expense related to the prior year's Indoff acquisition. For the six months ended June 30, 2024, the Company recorded $1.6 million of intangible amortization expense, of which $1.5 million related to the prior year's acquisition of Indoff. The estimated amortization for future years ending December 31 is as follows (in millions):
2024 remainder | $ | 1.6 |
2025 | 3.0 |
2026 | 3.0 |
2027 | 3.0 |
2028 | 3.0 |
Thereafter | $ | 13.4 |
Total | $ | 27.0 |

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