| Schedule of Goodwill |
The Company’s goodwill balance was $320.4 million and $312.0 million as of July 27, 2024 and January 27, 2024, respectively. Changes in the carrying amount of goodwill consisted of the following (dollars in thousands): | | | | | | | | | | | | | | | | | | | Goodwill | | Accumulated Impairment Losses | | Total | Balance as of January 27, 2024 | $ | 561,022 | | | $ | (249,031) | | | $ | 311,991 | | | Goodwill from fiscal 2024 acquisition | (244) | | | — | | | (244) | | | Goodwill from fiscal 2025 acquisitions | 8,641 | | | — | | | 8,641 | | Balance as of July 27, 2024 | $ | 569,419 | | | $ | (249,031) | | | $ | 320,388 | |
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| Schedule of Intangible Assets |
Our intangible assets consisted of the following (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | July 27, 2024 | | January 27, 2024 | | Weighted Average Remaining Useful Lives (Years) | | Gross Carrying Amount | | Accumulated Amortization | | Intangible Assets, Net | | Gross Carrying Amount | | Accumulated Amortization | | Intangible Assets, Net | | Customer relationships | 8.0 | | $ | 348,517 | | | $ | 254,614 | | | $ | 93,903 | | | $ | 338,117 | | | $ | 245,512 | | | $ | 92,605 | | | Trade names, finite | 8.8 | | 14,080 | | | 8,999 | | | 5,081 | | | 13,050 | | | 8,723 | | | 4,327 | | | Trade name, indefinite | Indefinite | | 4,700 | | | — | | | 4,700 | | | 4,700 | | | — | | | 4,700 | | | Contract backlog | 2.0 | | 12,130 | | | 6,703 | | | 5,427 | | | 11,600 | | | 4,335 | | | 7,265 | | | Non-compete agreements | 3.3 | | 75 | | | 26 | | | 49 | | | 75 | | | 18 | | | 57 | | | | | $ | 379,502 | | | $ | 270,342 | | | $ | 109,160 | | | $ | 367,542 | | | $ | 258,588 | | | $ | 108,954 | |
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