v3.24.2.u1
Goodwill and Acquired Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

Changes in the carrying value of goodwill (in thousands):

Balance at December 31, 2023

 

$

—

 

Hi-Crush Transaction

 

 

75,219

 

Balance at June 30, 2024

 

$

75,219

 

Summary of Other Intangible Assets

The following table presents the detail of acquired intangible assets other than goodwill as of June 30, 2024 (in thousands):

 

 

Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

Customer relationships

 

$

100,226

 

 

$

(3,233

)

 

$

96,993

 

Trade name

 

 

14,850

 

 

 

(1,596

)

 

 

13,254

 

Total

 

$

115,076

 

 

$

(4,829

)

 

$

110,247

 

Estimated Future Amortization Expense

Estimated future amortization expense is as follows (in thousands):

Remainder of 2024

 

$

7,486

 

2025

 

$

14,973

 

2026

 

$

14,973

 

2027

 

$

10,902

 

2028

 

$

10,023

 

2029

 

$

10,023

 

Thereafter

 

$

41,867

 

Total

 

$

110,247