v3.26.1
Goodwill and Other Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in Goodwill
Changes in the Company’s carrying amount of goodwill were as follows:
E&MT&DTotal
(In thousands)
Balance as of December 31, 2025$115,959 $27,265 $143,224 
Goodwill acquired69,029 — 69,029 
Balance as of June 30, 2026$184,988 $27,265 $212,253 
Schedule of Finite-Lived Intangible Assets
As of June 30, 2026, finite-lived intangible assets, which were within Other intangible assets, net on the condensed consolidated balance sheet consisted of:
June 30, 2026
Remaining Weighted Average Amortization PeriodGross Carrying AmountAccumulated AmortizationNet Carrying Amount
(In years)(In thousands)
Customer relationships
19.8$39,200 $490 $38,710 
Backlog1.519,300 2,757 16,543 
Total
$58,500 $3,247 $55,253 
Schedule of Finite-Lived Intangible Amortization Expense
As of June 30, 2026, future amortization expense for finite-lived intangible assets was estimated to be as follows:
June 30, 2026
(In thousands) 
Remainder of 2026$6,494 
202712,989 
20281,960 
20291,960 
20301,960 
Thereafter29,890 
Total$55,253 
No impairments of finite-lived intangible assets were recorded for the three and six months ended June 30, 2026 and 2025.
Schedule of Indefinite-Lived Intangible Assets
Changes in the Company’s indefinite-lived intangible assets, consisting of trade names and trademarks, and were within Other intangible assets, net on the condensed consolidated balance sheet, were as follows:
Total
(In thousands)
Balance as of December 31, 2025$— 
Trade names and trademarks acquired15,000 
Balance as of June 30, 2026$15,000