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
A summary of the activity and balances related to goodwill by operating segment is as follows:
December 31,
2024 (1)
Acquisitions
Business Combination
Adjustments
June 30,
2025
Eastern$89,544 $20,989 $— $110,533 
Western357,143 6,916 2,455 366,514 
Mid-Atlantic510,917 48,402 (2,009)557,310 
Resource Solutions 44,662 9,690 — 54,352 
$1,002,266 $85,997 $446 $1,088,709 
(1)December 31, 2024 amounts, which include allocated goodwill between operating segments using a relative fair value approach, have been reclassified between regional operating segments to conform to the current period presentation. See Note 13, Segment Reporting for further disclosure.
Summaries of intangible assets by type follow:
Covenants
Not-to-Compete
Customer RelationshipsTrade NamesTotal
Balance, June 30, 2025
Intangible assets
$75,225 $414,039 $26,239 $515,503 
Less accumulated amortization(38,703)(146,068)(15,307)(200,078)
$36,522 $267,971 $10,932 $315,425 
 Covenants
Not-to-Compete
Customer RelationshipsTrade NamesTotal
Balance, December 31, 2024
Intangible assets
$71,568 $377,600 $25,795 $474,963 
Less accumulated amortization(34,398)(115,305)(11,792)(161,495)
$37,170 $262,295 $14,003 $313,468 
Intangible amortization expense was $19,117 and $38,583 during the three and six months ended June 30, 2025, respectively, and $12,238 and $24,803 during the three and six months ended June 30, 2024, respectively.
A summary of intangible amortization expense estimated for each of the next five fiscal years following fiscal year 2024 and thereafter is estimated as follows:
Estimated Future Intangible Amortization Expense as of June 30, 2025 
For the remainder of the fiscal year ending December 31, 2025
$36,917 
Fiscal year ending December 31, 2026$67,394 
Fiscal year ending December 31, 2027$58,860 
Fiscal year ending December 31, 2028$50,019 
Fiscal year ending December 31, 2029$38,476 
Thereafter$63,759