GOODWILL AND INTANGIBLE ASSETS (Tables)
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6 Months Ended |
Jun. 30, 2025 |
Goodwill and Intangible Assets Disclosure [Abstract] |
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Schedule of Goodwill Activity |
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 | | Western | 357,143 | | | 6,916 | | | 2,455 | | | | | | | | | 366,514 | | Mid-Atlantic | 510,917 | | | 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.
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Schedule of Intangible Assets by Type |
Summaries of intangible assets by type follow: | | | | | | | | | | | | | | | | | | | | | | | | | Covenants Not-to-Compete | | Customer Relationships | | Trade Names | | Total | 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 Relationships | | Trade Names | | Total | 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 | |
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Schedule of Intangible Amortization Expense Estimated |
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 | | | |
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