v3.25.2
Goodwill
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
The following schedule discloses the changes in the carrying value of goodwill:
Three Months endedSix Months ended
(Dollars in thousands)June 30,
2025
June 30,
2024
June 30,
2025
June 30,
2024
Net carrying value at beginning of period$1,051,318 1,023,762 1,051,318 985,393 
Acquisitions and adjustments70,083 — 70,083 38,369 
Net carrying value at end of period$1,121,401 1,023,762 1,121,401 1,023,762 

The Company performed its annual goodwill impairment test during the third quarter of 2024 and determined the fair value of the aggregated reporting units exceeded the carrying value, such that the Company’s goodwill was not considered impaired. Changes in the economic environment, operations of the aggregated reporting units, or other factors could result in the decline in the fair value of the aggregated reporting units which could result in a goodwill impairment in the future. Accumulated impairment charges were $40,159,000 as of June 30, 2025 and December 31, 2024.
For additional information on goodwill related to acquisitions, see Note 14.