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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets

The components of goodwill and other intangible assets were as follows (in thousands):

 

March 31, 2025 (Unaudited)

 

Estimated
Useful Life

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

Finite lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

5 years

 

$

20,685

 

 

$

15,063

 

 

$

5,622

 

Software

 

7 years

 

 

6,200

 

 

 

2,552

 

 

 

3,648

 

Trademarks

 

7 years

 

 

2,026

 

 

 

1,019

 

 

 

1,007

 

Non-compete agreements

 

3 years

 

 

2,250

 

 

 

2,250

 

 

 

 

Total finite lived intangible assets

 

 

 

$

31,161

 

 

$

20,884

 

 

$

10,277

 

December 31, 2024

 

Estimated
Useful Life

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

Finite lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

5 years

 

$

25,805

 

 

$

17,188

 

 

$

8,617

 

Software

 

7 years

 

 

5,518

 

 

 

2,271

 

 

 

3,247

 

Trademarks

 

7 years

 

 

2,026

 

 

 

947

 

 

 

1,079

 

Non-compete agreements

 

3 years

 

 

2,250

 

 

 

2,247

 

 

 

3

 

Total finite lived intangible assets

 

 

 

$

35,599

 

 

$

22,653

 

 

$

12,946

 

Schedule of Indefinite-Lived Intangible Assets

March 31, 2025 (Unaudited) and December 31, 2024

 

Estimated
Useful Life

 

Carrying
Amount

 

Indefinite lived intangible asset:

 

 

 

 

 

Goodwill

 

Indefinite

 

$

81,065