Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill consisted of the following:


	As of June 30,				As of December 31,
(in thousands)	2025		2024		2024
North America	$	134,289	$	109,949	$	134,148
Europe	425,098		386,768		377,049
Asia/Pacific	1,246		1,273		1,186
Total	$	560,633	$	497,990	$	512,383

Schedule of net intangible assets, by segment


	As of June 30, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
(in thousands)
North America	$	116,550	$	(42,218)	$	74,332
Europe	403,820		(82,057)		321,763
Asia/Pacific	4,079		(813)		3,266
Total	$	524,449	$	(125,088)	$	399,361


	As of June 30, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
(in thousands)
North America	$	72,438	$	(35,390)	$	37,048
Europe	374,748		(62,990)		311,758
Asia/Pacific	4,157		(467)		3,690
Total	$	451,343	$	(98,847)	$	352,496


	As of December 31, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
(in thousands)
North America	$	116,550	$	(39,061)	$	77,489
Europe	366,586		(72,621)		293,965
Asia/Pacific	4,240		(643)		3,597
Total	$	487,376	$	(112,325)	$	375,051

Schedule of estimated future amortization of intangible assets

At June 30, 2025, the estimated future amortization of definite-lived intangible assets was as follows:


(in thousands)

Remaining six months of 2025	$	13,035
2026	25,383
2027	25,636
2028	25,119
2029	24,279
2030	23,375
Thereafter	150,468
	$	287,295

Changes in the carrying amount of goodwill and intangible assets

The changes in the carrying amount of goodwill and intangible assets for the six months ended June 30, 2025, were as follows:


(in thousands)	Goodwill		Intangible Assets
Balance at December 31, 2024	$	512,383	$	375,051
Amortization	—		(13,398)
Foreign exchange	48,250		37,708
Balance at June 30, 2025	$	560,633	$	399,361

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
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+ Details

Simpson Manufacturing Co., Inc. 10-Q