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Intangible Assets and Goodwill (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets A summary of intangible assets as of September 30, 2024 and December 31, 2023 is as follows.

 

 

September 30, 2024

 

(in thousands)

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net Carrying
Amount

 

Customer relationships

 

$

78,166

 

 

$

(44,306

)

 

$

33,860

 

Non-compete agreements

 

 

500

 

 

 

(375

)

 

 

125

 

Trade names

 

 

10,980

 

 

 

(9,178

)

 

 

1,802

 

Technology, Patents, and Other

 

 

26,133

 

 

 

(26,133

)

 

 

—

 

Total

 

$

115,779

 

 

$

(79,992

)

 

$

35,787

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

(in thousands)

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net Carrying
Amount

 

Customer relationships

 

$

78,166

 

 

$

(38,511

)

 

$

39,655

 

Non-compete agreements

 

 

500

 

 

 

(321

)

 

 

179

 

Trade names

 

 

10,980

 

 

 

(9,006

)

 

 

1,974

 

Technology, Patents, and Other

 

 

26,133

 

 

 

(26,133

)

 

 

—

 

Total

 

$

115,779

 

 

$

(73,971

)

 

$

41,808

 
Schedule of Goodwill

The following table presents a roll-forward of goodwill for the periods ended September 30, 2024 and December 31, 2023:

 

(in thousands)

 

Goodwill, Gross

 

 

Accumulated
Impairment

 

 

Goodwill, Net

 

Balance at December 31, 2022

 

$

94,436

 

 

$

(70,504

)

 

$

23,932

 

Additions

 

 

—

 

 

 

—

 

 

 

—

 

Balance at December 31, 2023

 

$

94,436

 

 

$

(70,504

)

 

$

23,932

 

Additions

 

 

—

 

 

 

—

 

 

 

—

 

Balance at September 30, 2024

 

$

94,436

 

 

$

(70,504

)

 

$

23,932