| Schedule of Other Intangible Assets, Net |
Other intangible assets, net consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Estimated
Useful
Lives (Years) |
|
June 30,
2025 |
|
|
March 31,
2026 |
|
Amortizable: |
|
|
|
|
|
|
|
|
|
|
Costs: |
|
|
|
|
|
|
|
|
|
|
Customer relationships |
|
12-15 |
|
$ |
213,202 |
|
|
$ |
213,202 |
|
Trade names |
|
3-15 |
|
|
125,579 |
|
|
|
125,579 |
|
Backlog |
|
1-2 |
|
|
68,454 |
|
|
|
68,454 |
|
Noncompete agreements |
|
5 |
|
|
8,854 |
|
|
|
8,854 |
|
Trademarks |
|
10 |
|
|
— |
|
|
|
94 |
|
Total amortizable intangibles |
|
|
|
|
416,089 |
|
|
|
416,183 |
|
Accumulated amortization: |
|
|
|
|
|
|
|
|
|
|
Customer relationships |
|
|
|
|
(18,784 |
) |
|
|
(29,789 |
) |
Trade name |
|
|
|
|
(11,634 |
) |
|
|
(18,333 |
) |
Backlog |
|
|
|
|
(45,963 |
) |
|
|
(64,026 |
) |
Noncompete agreements |
|
|
|
|
(2,437 |
) |
|
|
(3,765 |
) |
Trademarks |
|
|
|
|
— |
|
|
|
(5 |
) |
Total accumulated amortization |
|
|
|
|
(78,818 |
) |
|
|
(115,918 |
) |
Other intangible assets, net |
|
|
|
$ |
337,271 |
|
|
$ |
300,265 |
|
|
Other intangible assets, net consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Estimated |
|
|
Successor |
|
|
|
Useful |
|
|
June 30, |
|
|
|
Lives (Years) |
|
|
2024 |
|
|
2025 |
|
Amortizable: |
|
|
|
|
|
|
|
|
|
Costs: |
|
|
|
|
|
|
|
|
|
Customer relationships |
|
12-15 |
|
|
$ |
213,202 |
|
|
$ |
213,202 |
|
Trade names |
|
3-15 |
|
|
|
125,579 |
|
|
|
125,579 |
|
Backlog |
|
1-2 |
|
|
|
68,454 |
|
|
|
68,454 |
|
Noncompete agreements |
|
|
5 |
|
|
|
8,854 |
|
|
|
8,854 |
|
Total Amortizable Intangibles |
|
|
|
|
|
416,089 |
|
|
|
416,089 |
|
Accumulated amortization: |
|
|
|
|
|
|
|
|
|
Customer relationships |
|
|
|
|
|
(4,108 |
) |
|
|
(18,784 |
) |
Trade name |
|
|
|
|
|
(2,703 |
) |
|
|
(11,634 |
) |
Backlog |
|
|
|
|
|
(12,665 |
) |
|
|
(45,963 |
) |
Noncompete agreements |
|
|
|
|
|
(666 |
) |
|
|
(2,437 |
) |
Total Accumulated Amortization |
|
|
|
|
|
(20,142 |
) |
|
|
(78,818 |
) |
Total Other Intangible Assets, Net |
|
|
|
|
$ |
395,947 |
|
|
$ |
337,271 |
|
|