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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract] |
Schedule of Changes in the Carrying Amount of Goodwill by Segment | 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, 2025 |  | $ | 192,875 |  |  | $ | 164,880 |  |  | $ | 57,974 |  |  | $ | 52,176 |  |  | $ | 467,905 |
Acquisitions(1) |  | — |  |  | — |  |  | — |  |  | 8,506 |  |  | 8,506 |
Impact of foreign exchange rates |  | (201) |  |  | — |  |  | (430) |  |  | (2,117) |  |  | (2,748) |
Balance at June 30, 2026 |  | $ | 192,674 |  |  | $ | 164,880 |  |  | $ | 57,544 |  |  | $ | 58,565 |  |  | $ | 473,663 |
(1) Refer to Note 3 – Business Acquisitions for information related to measurement period adjustments.
Schedule of Gross Carrying Amount and Accumulated Amortization for Definite-Lived Intangible Assets | The gross carrying amount and accumulated amortization for definite-lived intangible assets were as follows:
| June 30, 2026 |  | December 31, 2025
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Trade names | $ | 142,428 |  |  | $ | (68,692) |  |  | $ | 73,736 |  |  | $ | 141,637 |  |  | $ | (60,640) |  |  | $ | 80,997 |
Customer relationships | 275,610 |  |  | (144,207) |  |  | 131,403 |  |  | 274,844 |  |  | (131,341) |  |  | 143,503 |
Other (1) | 8,244 |  |  | (6,980) |  |  | 1,264 |  |  | 7,894 |  |  | (6,339) |  |  | 1,555 |
Total | $ | 426,282 |  |  | $ | (219,879) |  |  | $ | 206,403 |  |  | $ | 424,375 |  |  | $ | (198,320) |  |  | $ | 226,055 |
(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 Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2026 |  | 2025 |  | 2026 |  | 2025
Amortization expense for intangible assets | $ | 11,148 |  |  | $ | 11,650 |  |  | $ | 22,152 |  |  | $ | 23,235 |
Schedule of Estimated Aggregate Amortization Expense | The estimated aggregate amortization expense for the remaining year 2026 and each of the next four years and thereafter are as follows:
(in thousands) |  | Amortization
Remaining 2026 |  | $ | 22,015 |
2027 |  | 38,970 |
2028 |  | 34,572 |
2029 |  | 30,972 |
2030 |  | 21,186 |
Thereafter |  | 58,688 |
Total |  | $ | 206,403 |

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