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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill Activity Related to Acquisitions | Changes in the carrying amount of goodwill by segment were as follows:
(in thousands) |  | Lawson |  | TestEquity |  | Gexpro Services |  | Canada Branch Division |  | Total
Balance at December 31, 2022 |  | $ | 155,773 |  |  | $ | 114,104 |  |  | $ | 55,421 |  |  | $ | 22,750 |  |  | $ | 348,048 |
Acquisitions |  | — |  |  | 50,886 |  |  | — |  |  | — |  |  | 50,886 |
Impact of foreign exchange rates |  | 142 |  |  | — |  |  | 322 |  |  | 527 |  |  | 991 |
Balance at December 31, 2023 |  | 155,915 |  |  | 164,990 |  |  | 55,743 |  |  | 23,277 |  |  | 399,925 |
Acquisitions(1) |  | 37,177 |  |  | (110) |  |  | 1,372 |  |  | 28,942 |  |  | 67,381 |
Impact of foreign exchange rates |  | (494) |  |  | — |  |  | (773) |  |  | (3,250) |  |  | (4,517) |
Balance at December 31, 2024 |  | $ | 192,598 |  |  | $ | 164,880 |  |  | $ | 56,342 |  |  | $ | 48,969 |  |  | $ | 462,789 |
(1) Refer to Note 3 – Business and Asset Acquisitions for information related to measurement period adjustments.
Schedule of Gross Carrying Amount and Accumulated Amortization by Intangible Asset Class | The gross carrying amount and accumulated amortization for definite-lived intangible assets were as follows:
| December 31, 2024 |  | December 31, 2023
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Trade names | $ | 141,654 |  |  | $ | (45,386) |  |  | $ | 96,268 |  |  | $ | 117,881 |  |  | $ | (30,093) |  |  | $ | 87,788 |
Customer relationships | 272,051 |  |  | (100,867) |  |  | 171,184 |  |  | 233,513 |  |  | (71,215) |  |  | 162,298 |
Other (1) | 8,310 |  |  | (5,999) |  |  | 2,311 |  |  | 8,011 |  |  | (4,263) |  |  | 3,748 |
Total | $ | 422,015 |  |  | $ | (152,252) |  |  | $ | 269,763 |  |  | $ | 359,405 |  |  | $ | (105,571) |  |  | $ | 253,834 |
(1) Other primarily consists of non-compete agreements. Amortization expense for definite-lived intangible assets is included in Selling, general and administrative expenses in the Consolidated Statements of Operations and Comprehensive Income (Loss) as follows:
| Year Ended December 31,
(in thousands) | 2024 |  | 2023 |  | 2022
Amortization expense for intangible assets | $ | 47,483 |  |  | $ | 40,263 |  |  | $ | 29,097 |
Schedule of Estimated Aggregate Amortization Expense | The estimated aggregate amortization expense for each of the next five years and thereafter are as follows:
(in thousands) |  | Amortization
2025 |  | $ | 46,224 |
2026 |  | 43,188 |
2027 |  | 38,139 |
2028 |  | 33,878 |
2029 |  | 30,331 |
Thereafter |  | 78,003 |
Total |  | $ | 269,763 |

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