The changes in the carrying amount of goodwill for both the Service Center segment and the Engineered Solutions segment for the fiscal year ended June 30, 2025 and the nine months ended March 31, 2026 are as follows:


	Service Center		Engineered Solutions		Total
Balance at June 30, 2024	$	219,574	$	399,821	$	619,395
Goodwill acquired during the year	2,262		77,847		80,109

Other, primarily currency translation	(130)		—		(130)
Balance at June 30, 2025	$	221,706	$	477,668	$	699,374
Goodwill acquired during the period	4,307		1,518		5,825

Other, primarily currency translation	(201)		—		(201)
Balance at March 31, 2026	$	225,812	$	479,186	$	704,998

The Company has eight (8) reporting units for which an annual goodwill impairment assessment was performed as of January 1, 2026. Based on the assessment performed, the Company concluded that the fair value of all of the reporting units exceeded their carrying amount as of January 1, 2026, therefore no impairment exists.

At March 31, 2026 and June 30, 2025, accumulated goodwill impairment losses subsequent to fiscal 2002 totaled $64,794 related to the Service Center segment and $167,605 related to the Engineered Solutions segment.

The Company’s identifiable intangible assets resulting from business combinations are amortized over their estimated period of benefit and consist of the following:


March 31, 2026	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Identifiable Intangibles:
Customer relationships	$	509,690	$	251,973	$	257,717
Trade names	108,351		47,114		61,237
Other	6,652		2,917		3,735
Total Identifiable Intangibles	$	624,693	$	302,004	$	322,689


June 30, 2025	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Identifiable Intangibles:
Customer relationships	$	510,834	$	233,392	$	277,442
Trade names	108,344		41,585		66,759
Other	6,902		2,503		4,399
Total Identifiable Intangibles	$	626,080	$	277,480	$	348,600

Amounts include the impact of foreign currency translation. Fully amortized finite-lived identifiable intangible assets are written off in the period when they become fully amortized.

During the nine months ended March 31, 2026, the Company acquired identifiable intangible assets with a preliminary acquisition cost allocation and weighted-average life as follows:


	Acquisition Cost Allocation		Weighted-Average life
Customer relationships	$	4,307	20.0

Identifiable intangible assets with finite lives are reviewed for impairment when changes in conditions indicate carrying value may not be recoverable.

Estimated future amortization expense by fiscal year (based on the Company’s identifiable intangible assets as of March 31, 2026) for the next five years is as follows: $9,600 for the remainder of 2026, $37,400 for 2027, $34,900 for 2028, $32,800 for 2029, $30,800 for 2030 and $28,700 for 2031.