The changes in the carrying amount of goodwill through second quarter-end 2025 are included in the table below (in millions of dollars). The goodwill of $3.0 million resulting from the acquisition of CTC during the fourth quarter of 2024 was allocated to the Education reportable segment. In the first quarter of 2025, the Company received a post-close net working capital adjustment of $0.1 million related to the acquisition of CTC. The goodwill of $221.5 million resulting from the acquisition of MRP during the second quarter of 2024 was allocated to the SET reportable segment. During the third quarter of 2024, the Company recorded a $1.4 million liability for a net working capital adjustment related to the acquisition of MRP. The adjustment resulted in a $1.4 million addition of goodwill, which was allocated to the SET reportable segment (see Acquisitions and Disposition footnote).

During the first quarter of 2025, the Company changed its reportable segments as discussed in the Segment Disclosures footnote, which included moving MRP's Sevenstep business from the SET reportable segment to the ETM reportable segment as part of the broader integration of MRP. Concurrent with this change in reportable segments, the Company reallocated $22.3 million of goodwill related to the Sevenstep business formerly in the SET reportable segment to the ETM reportable segment using a relative fair value approach.



	SET		Education		ETM		Total
Balance as of year-end 2023	$	111.3	$	39.8	$	—	$	151.1
Additions	222.9		3.0		—		225.9
Impairment adjustments	(72.8)		—		—		(72.8)
Balance as of year-end 2024	261.4		42.8		—		304.2
Adjustments	—		(0.1)		—		(0.1)
Reallocation	(22.3)		—		22.3		—

Balance as of second quarter-end 2025	$	239.1	$	42.7	$	22.3	$	304.1