Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Intangible Assets

Intangible assets consist of the following:

(dollar amounts in thousands)	Estimated useful life in years	Average remaining life in years	Cost	Accumulated amortization	Net book value
September 30, 2024
Customer relationships	8 to 11	7.1	$73,217	$(23,009)	$50,208
Non-compete agreements	5	3.0	10,556	(4,719)	5,837
Trade name	0.75 to 8	4.5	2,000	(1,325)	675
Total amortizing			85,773	(29,053)	56,720
Trade name - non-amortizing	Indefinite		171	—	171
Total			$85,944	$(29,053)	$56,891
December 31, 2023
Customer relationships	8 to 11	7.8	$73,217	$(17,003)	$56,214
Non-compete agreements	5	3.7	10,556	(3,141)	7,415
Trade name	0.75 to 8	5.3	2,000	(1,212)	788
Total amortizing			85,773	(21,356)	64,417
Trade name - non-amortizing	Indefinite		171	—	171
Total			$85,944	$(21,356)	$64,588