v3.26.1
Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Components of Goodwill

The components of goodwill are outlined below for the three months ended March 31, 2026:

 

 

 

HWC

 

 

R&B

 

 

Total

 

Balance at December 31, 2025:

 

 

 

 

 

 

 

 

 

Goodwill, gross

 

$

7,317

 

 

$

2,894

 

 

$

10,211

 

Accumulated impairment losses

 

 

(911

)

 

 

(362

)

 

 

(1,273

)

Goodwill, net - December 31, 2025

 

 

6,406

 

 

 

2,532

 

 

 

8,938

 

Goodwill acquired

 

 

366

 

 

 

378

 

 

 

744

 

Foreign exchange

 

 

(7

)

 

 

(13

)

 

 

(20

)

Balance at March 31, 2026:

 

 

 

 

 

 

 

 

 

Goodwill, gross

 

 

7,676

 

 

 

3,259

 

 

 

10,935

 

Accumulated impairment losses

 

 

(911

)

 

 

(362

)

 

 

(1,273

)

Goodwill, net - March 31, 2026

 

$

6,765

 

 

$

2,897

 

 

$

9,662

 
Changes in the Net Carrying Amount of the Components of Finite-Lived Intangible Assets

The following table reflects changes in the net carrying amounts of the components of finite-lived intangible assets for the three months ended March 31, 2026:

 

 

 

Client relationships

 

 

Software

 

 

Trademark and trade name

 

 

Other

 

 

Total

 

Balance at December 31, 2025:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets, gross

 

$

3,239

 

 

$

750

 

 

$

1,041

 

 

$

29

 

 

$

5,059

 

Accumulated amortization

 

 

(2,710

)

 

 

(749

)

 

 

(430

)

 

 

(29

)

 

 

(3,918

)

Intangible assets, net - December 31, 2025

 

 

529

 

 

 

1

 

 

 

611

 

 

 

—

 

 

 

1,141

 

Intangible assets acquired

 

 

132

 

 

 

53

 

 

 

—

 

 

 

—

 

 

 

185

 

Amortization

 

 

(36

)

 

 

(2

)

 

 

(10

)

 

 

—

 

 

 

(48

)

Foreign exchange

 

 

(3

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(3

)

Balance at March 31, 2026:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets, gross

 

 

3,349

 

 

 

798

 

 

 

1,041

 

 

 

29

 

 

 

5,217

 

Accumulated amortization

 

 

(2,727

)

 

 

(746

)

 

 

(440

)

 

 

(29

)

 

 

(3,942

)

Intangible assets, net - March 31, 2026

 

$

622

 

 

$

52

 

 

$

601

 

 

$

—

 

 

$

1,275

 
Schedule of Future Estimated Amortization Expense for Amortizable Intangible Assets

The table below reflects the future estimated amortization expense for amortizable intangible assets for the remainder of 2026 and for subsequent years:

 

 

 

Amortization

 

Remainder of 2026

 

$

141

 

2027

 

 

172

 

2028

 

 

156

 

2029

 

 

133

 

2030

 

 

118

 

Thereafter

 

 

555

 

Total

 

$

1,275