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GOODWILL, TRADE NAMES, AND OTHER INTANGIBLE ASSETS | 3 Months Ended
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Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL, TRADE NAMES, AND OTHER INTANGIBLE ASSETS | GOODWILL, TRADE NAMES, AND OTHER INTANGIBLE ASSETS The Company had the following acquired intangible assets:
| March 31, 2025 |  | December 31, 2024
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
| (amounts in thousands)
Intangible assets subject to amortization:
Databases | $ | 36,530 |  |  | $ | 23,029 |  |  | $ | 13,501 |  |  | $ | 36,530 |  |  | $ | 21,945 |  |  | $ | 14,585 |
Customer relationships | 52,538 |  |  | 31,974 |  |  | 20,564 |  |  | 52,538 |  |  | 30,837 |  |  | 21,701 |
Other intangible assets, net | $ | 89,068 |  |  | $ | 55,003 |  |  | $ | 34,065 |  |  | $ | 89,068 |  |  | $ | 52,782 |  |  | $ | 36,286 |
Intangible assets not subject to amortization:
Trade names, indefinite-lived |  |  |  |  | $ | 5,900 |  |  |  |  |  |  | $ | 5,900 |
As of March 31, 2025, estimated future annual amortization expense was as follows:
| (amounts in thousands)
Years Ending December 31: |
2025 | $ | 6,430 |
2026 | 7,482 |
2027 | 6,191 |
2028 | 4,791 |
2029 | 4,107 |
Thereafter | 5,064 |
| $ | 34,065 |
Goodwill, Trade Names, and Other Intangible Assets Impairment The Company tests reporting units’ goodwill and intangible assets with indefinite lives for impairment annually during the fourth quarter and more frequently if impairment indicators exist. The Company performs quarterly qualitative assessments of significant events and circumstances, such as reporting units’ historical and current results, assumptions regarding future performance, strategic initiatives and overall economic factors, and macro-economic developments, to determine the existence of potential indicators of impairment and assess if it is more likely than not that the fair value of reporting units or intangible assets is less than their carrying value. If indicators of impairments are identified a quantitative impairment test is performed. As of March 31, 2025, the Company performed a qualitative assessment of each of its reporting units and determined that it was not more likely than not that the fair value of its reporting units dropped below their carrying value. A lthough management believes that the Company’s current estimates and assumptions utilized in its qualitative testing are reasonable and supportable, there can be no assurance that the estimates and assumptions management used for purposes of its assessment as of March 31, 2025 will prove to be accurate predictions of future performance. As of March 31, 2025, goodwill by reporting segment was: $112.2 million for Nurse and Allied Staffing and $22.9 million for Physician Staffing, for a total of $135.1 million. For its long-lived assets and definite-lived intangible assets, the Company reviews for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. As of March 31, 2025 and 2024, the Company performed a qualitative assessment of its trade names and other intangible assets and determined it was not more likely than not that their carrying value may not be recoverable.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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