The Company tests goodwill for impairment on the first day of the Company's fourth fiscal quarter each year, or more frequently should circumstances change or events occur that would more likely than not reduce the fair value of a reporting unit below its carrying amount. The annual qualitative and quantitative assessment tests performed in the three years ended December 31, 2025 indicated there was no goodwill impairment.

There was no change in the net carrying amount of goodwill as of December 31, 2024. The change in the net carrying amount of goodwill as of December 31, 2025 is as follows (in thousands):


	As of December 31, 2025						As of December 31, 2024
(In thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Contract backlogs and recompetes	$	395,800	$	(287,235)	$	108,565	$	393,300	$	(210,084)	$	183,216
Customer contracts	182,705		(51,510)		131,195		177,722		(37,870)		139,852
Trade names and other	1,100		(1,100)		—		1,260		(1,260)		—
Total intangible assets	$	579,605	$	(339,845)	$	239,760	$	572,282	$	(249,214)	$	323,068

Intangible amortization expense was approximately $90.6 million, $90.8 million, and $90.4 million for the years ended December 31, 2025, 2024 and 2023, respectively. As of December 31, 2025, the weighted-average intangible asset amortization period was 6.8 years.


(In thousands)	Amortization
2026	$	91,785
2027	21,024
2028	18,522
2029	17,444
2030	17,358
After 2030	73,627
Total	$	239,760