Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill Activity Related to Acquisitions

Changes in the carrying amount of goodwill by segment were as follows:

(in thousands)	Lawson		TestEquity		Gexpro Services		All Other		Total
Balance at December 31, 2020	$	—	$	62,867	$	30,136	$	—	$	93,003
Acquisitions(1)	—		7,245		3,963		—		11,208
Balance at December 31, 2021	—		70,112		34,099		—		104,211
Acquisitions(1)	156,133		43,992		21,849		24,887		246,861
Impact of foreign exchange rates	(360)		—		(527)		(2,137)		(3,024)
Balance at December 31, 2022	$	155,773	$	114,104	$	55,421	$	22,750	$	348,048

(1)    Refer to Note 3 – Business Acquisitions for information related to measurement period adjustments.

Gross Carrying Amount and Accumulated Amortization by Intangible Asset Class

The gross carrying and accumulated amortization for definite-lived intangible assets were as follows:

	December 31, 2022						December 31, 2021
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Trade names	$	92,286	$	(17,401)	$	74,885	$	36,345	$	(8,356)	$	27,989
Customer relationships	192,934		(44,481)		148,453		89,062		(25,423)		63,639
Other (1)	7,961		(3,305)		4,656		7,370		(2,390)		4,980
Total	$	293,181	$	(65,187)	$	227,994	$	132,777	$	(36,169)	$	96,608

Schedule of Estimated Aggregate Amortization Expense for Next Five Years

The estimated aggregate amortization expense for each of the next five years and thereafter are as follows:

(in thousands)	Amortization
2023	$	35,061
2024	34,560
2025	31,173
2026	28,487
2027	24,031
Thereafter	74,682
Total	$	227,994