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Goodwill
 9 Months Ended
Sep. 30, 2024
Disclosure Text Block Supplement [Abstract]  
Goodwill Disclosure [Text Block]

Note 11 — Goodwill

 

The Company applies a fair value-based impairment test to the carrying value of goodwill and indefinite-lived intangible assets on an annual basis and, on an interim basis, if certain events or circumstances indicate that an impairment loss may have been incurred. Goodwill impairment exists when the estimated fair value of goodwill is less than its carrying value. For the three and nine months ended September 30, 2024, there were no events or circumstances that indicated that an impairment loss may have been incurred.

 

Based on the Company’s April 1 annual assessment, it determined that the fair values of its reporting units were not less than the carrying amounts. No goodwill impairment was determined to have occurred for the nine months ended September 30, 2024 and September 30, 2023.