Identified Intangible Assets and Goodwill, Net

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Identified intangible assets and goodwill, net [Text Block]

Identified Intangible Assets and Goodwill, Net

The carrying amounts of the identified intangible assets and goodwill acquired in connection with our acquisitions were as follows:

	September 30, 2023				December 31, 2022
	Carrying Amount		Accumulated Amortization		Carrying Amount		Accumulated Amortization
Amortized intangible assets:
Customer lists/relationships	$	40,927	$	28,437	$	36,745	$	26,243
Employment-related	12,850		9,714		12,242		8,931
Tradenames	12,684		7,870		12,219		7,083
Amortized intangible assets	66,461		$	46,021	61,206		$	42,257
Less accumulated amortization	46,021				42,257
Identified intangible assets, net	$	20,440			$	18,949
Goodwill	$	80,924			$	70,107

Adjustments related to the carrying values are related to measurement period adjustments for acquisitions made in 2022 for which purchase accounting is not finalized.

The changes in the carrying amounts of goodwill, by segment, for the nine months ended September 30, 2023 and the year ended December 31, 2022 were as follows:

	Balance at January 1, 2023		Acquisitions		Translation and Other Adjustments		Balance at September 30, 2023
Utility	$	4,941	$	—	$	—	$	4,941
Residential and Commercial	65,166		13,441		(2,624)		75,983
Total	$	70,107	$	13,441	$	(2,624)	$	80,924
	Balance at January 1, 2022		Acquisitions		Translation and Other Adjustments		Balance at December 31, 2022
Utility	$	4,911	$	30	$	—	$	4,941
Residential and Commercial	51,069		14,225		(128)		65,166
Total	$	55,980	$	14,255	$	(128)	$	70,107

Estimated future aggregate amortization expense of intangible assets--The estimated future aggregate amortization expense of intangible assets, as of September 30, 2023, was as follows:

	Estimated Future Amortization Expense
Remaining three months of 2023	$	1,231
2024	4,960
2025	4,174
2026	3,335
2027	2,809
2028	1,965
Thereafter	1,966
	$	20,440