Quarterly report [Sections 13 or 15(d)]

Goodwill and Other Intangibles (Tables)

v3.25.2
Goodwill and Other Intangibles (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Other Intangibles  
Changes in the carrying amount of goodwill by segment

    

    

    

    

   Accumulated   

    

Gross Goodwill

FX Translation

Gross Goodwill

Impairment

Net Goodwill

December 31, 2024

Additions

Adjustment

June 30, 2025

Losses

June 30, 2025

Goodwill, by segment:

Installation

$

1,946,247

$

10,332

$

-

$

1,956,579

$

(762,021)

$

1,194,558

Specialty Distribution

 

928,033

 

36

3,200

 

931,269

 

-

 

931,269

Total goodwill

$

2,874,280

$

10,368

$

3,200

$

2,887,848

$

(762,021)

$

2,125,827

Schedule of other intangible assets

As of

June 30, 2025

December 31, 2024

Gross definite-lived intangible assets

    

$

876,300

$

864,693

Accumulated amortization

    

(344,889)

(307,004)

Other intangible assets, net

$

531,411

$

557,689

Schedule of amortization expense

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2025

    

2024

    

2025

    

2024

Amortization expense

$

18,406

$

17,947

$

36,562

$

35,633