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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Change in Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the three months ended March 31, 2025 is summarized as follows (in thousands):

 

Research Segment

 

 

Consulting Segment

 

 

Total

 

Balance at December 31, 2024

$

219,814

 

 

$

8,145

 

 

$

227,959

 

Impairment

 

(83,895

)

 

 

 

 

 

(83,895

)

Translation adjustments

 

1,160

 

 

 

43

 

 

 

1,203

 

Balance at March 31, 2025

$

137,079

 

 

$

8,188

 

 

$

145,267

 

Summary of Carrying Values of Finite-Lived Intangible Assets

The carrying values of finite-lived intangible assets are as follows (in thousands):

 

March 31, 2025

 

 

Gross

 

 

 

 

 

Net

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Amount

 

 

Amortization

 

 

Amount

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

Customer relationships

$

77,000

 

 

$

52,027

 

 

$

24,973

 

Technology

 

13,000

 

 

 

12,981

 

 

 

19

 

Trademarks

 

12,000

 

 

 

11,734

 

 

 

266

 

Total

$

102,000

 

 

$

76,742

 

 

$

25,258

 

 

 

December 31, 2024

 

 

Gross

 

 

 

 

 

Net

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Amount

 

 

Amortization

 

 

Amount

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

Customer relationships

$

77,000

 

 

$

49,946

 

 

$

27,054

 

Technology

 

13,000

 

 

 

12,978

 

 

 

22

 

Trademarks

 

12,000

 

 

 

11,601

 

 

 

399

 

Total

$

102,000

 

 

$

74,525

 

 

$

27,475

 

Summary of Estimated Intangible Assets Amortization Expense

Estimated intangible asset amortization expense for each of the four succeeding years is as follows (in thousands):

2025 (remainder)

$

6,517

 

2026

 

8,335

 

2027

 

8,324

 

2028

 

2,082

 

Total

$

25,258