Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The following table presents the changes in the carrying amount of goodwill since its inception through March 31, 2024:

(in thousands)	Civil		Building		Specialty Contractors		Total
Gross goodwill as of December 31, 2023	$	492,074	$	424,724	$	156,193	$	1,072,991
Accumulated impairment as of December 31, 2023	(286,931)		(424,724)		(156,193)		(867,848)
Goodwill as of December 31, 2023	205,143		—		—		205,143
Current year activity	—		—		—		—
Goodwill as of March 31, 2024	$	205,143	$	—	$	—	$	205,143

Schedule of Intangible Assets

Intangible assets consist of the following:

	As of March 31, 2024								Weighted-Average Amortization Period
(in thousands)	Cost		Accumulated Amortization		Accumulated Impairment Charge		Carrying Value
Trade names (non-amortizable)	$	117,600	$	—	$	(67,190)	$	50,410	Indefinite
Trade names (amortizable)	69,250		(28,682)		(23,232)		17,336		20 years
Contractor license	6,000		—		(6,000)		—		N/A
Customer relationships	39,800		(23,155)		(16,645)		—		N/A
Construction contract backlog	149,290		(149,290)		—		—		N/A
Total	$	381,940	$	(201,127)	$	(113,067)	$	67,746

	As of December 31, 2023								Weighted-Average Amortization Period
(in thousands)	Cost		Accumulated Amortization		Accumulated Impairment Charge		Carrying Value
Trade names (non-amortizable)	$	117,600	$	—	$	(67,190)	$	50,410	Indefinite
Trade names (amortizable)	69,250		(28,123)		(23,232)		17,895		20 years
Contractor license	6,000		—		(6,000)		—		N/A
Customer relationships	39,800		(23,155)		(16,645)		—		N/A
Construction contract backlog	149,290		(149,290)		—		—		N/A
Total	$	381,940	$	(200,568)	$	(113,067)	$	68,305