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Goodwill
 6 Months Ended
Jun. 30, 2024
Goodwill [Abstract]  
Goodwill
5. Goodwill

The changes in the carrying amount of goodwill consisted of the following:

 
For the
Six Months Ended
    
For the
Year Ended
  
   
June 30, 2024
    
December 31, 2023
  
    (In thousands)  
Beginning balance
  
$
509,571
    
$
494,101
  
Acquisitions
    
40,080
      
28,083
  
Adjustments for purchase price allocation of businesses acquired in prior year
    
(681
)
    
3,187
  
Impairment of goodwill     -       (15,800 )
Ending balance
  
$
548,970
    
$
509,571
  

For the three and six months ended June 30, 2024, and 2023, no triggering events or indicators were identified that would require impairment assessments as of such periods. During the year ended December 31, 2023, the Company recorded goodwill impairment of $15.8 million related to a reporting unit in the Company’s IIP business.