v3.25.2
Goodwill and Intangible Assets
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill and intangible assets consisted of the following:
 June 30, 2025December 31, 2024
(in thousands)Gross
Carrying
Amount		Accumulated Amortization and OtherNetGross
Carrying
Amount		Accumulated Amortization and OtherNet
Goodwill$67,055 $— $67,055 $67,055 $— $67,055 
Indefinite-lived intangibles:
Cable franchise rights64,334 — 64,334 64,334 — 64,334 
FCC Spectrum licenses12,122 — 12,122 12,122 — 12,122 
Railroad crossing rights and other557 — 557 526 — 526 
Total indefinite-lived intangibles77,013 — 77,013 76,982 — 76,982 
Finite-lived intangibles:
Subscriber relationships42,447 (29,814)12,633 42,447 (28,882)13,565 
Other intangibles537 (406)131 510 (389)121 
Total finite-lived intangibles42,984 (30,220)12,764 42,957 (29,271)13,686 
Total goodwill and intangible assets$187,052 $(30,220)$156,832 $186,994 $(29,271)$157,723 

Amortization expense was $0.5 million and $0.5 million during the three months ended June 30, 2025 and 2024, respectively, and $0.9 million and $0.6 million during the six months ended June 30, 2025 and 2024, respectively.
During the three and six months ended June 30, 2025, the Company performed goodwill impairment monitoring procedures and identified no indicators of impairment or triggering events. As of October 1, 2024, management concluded that the estimated fair value of the broadband reporting unit exceeded the carrying value by 11%. The Company will continue to monitor its reporting unit for any triggers that could impact recoverability of goodwill.