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Goodwill (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the year ended December 31, 2024 and December 31, 2023 are as follows:

 

(In thousands)

 

Network Solutions
(Restated)

 

 

Services & Support

 

 

Total
(Restated)

 

As of December 31, 2022 (as previously reported)

 

$

298,280

 

 

$

83,444

 

 

$

381,724

 

Correction of goodwill from business combination with Adtran Networks

 

 

4,735

 

 

 

 

 

 

4,735

 

As of December 31, 2022 (restated)

 

$

303,015

 

 

$

83,444

 

 

$

386,459

 

Goodwill impairment

 

 

 

 

 

(37,500

)

 

 

(37,500

)

Correction of a purchase allocation adjustment

 

 

(9,662

)

 

 

9,662

 

 

 

 

Foreign currency translation adjustments

 

 

8,413

 

 

 

778

 

 

 

9,191

 

As of December 31, 2023 (restated)

 

$

301,766

 

 

$

56,384

 

 

$

358,150

 

Goodwill impairment

 

 

(295,298

)

 

 

 

 

 

(295,298

)

Foreign currency translation adjustments

 

 

(6,468

)

 

 

(3,466

)

 

 

(9,934

)

As of December 31, 2024 (restated)

 

$

 

 

$

52,918

 

 

$

52,918