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Intangible Assets, net | 6 Months Ended
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Jun. 30, 2020
Intangible Assets, net |
Intangible Assets, net | Note 6. Intangible Assets, net ​ Intangible assets, net consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | June 30, 2020 | ​ | December 31, 2019
​ | Weighted Average | ​ | Gross | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​
​ | Amortizable | ​ | Carrying | ​ | Accumulated | ​ | Carrying | ​ | Accumulated
​ | Life in Years |  | Amount |  | Amortization |  | Amount |  | Amortization
​ | ​ | ​ | (in millions)
Intangible assets subject to amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Covenants not to compete | 5.0 | ​ | $ | 0.7 | ​ | $ | (0.4) | ​ | $ | 0.7 | ​ | $ | (0.4)
Customer lists/relationships | 14.7 | ​ | ​ | 629.8 | ​ | ​ | (378.9) | ​ | ​ | 710.1 | ​ | ​ | (438.1)
Software | 10.0 | ​ | ​ | 8.1 | ​ | ​ | (8.1) | ​ | ​ | 8.1 | ​ | ​ | (8.1)
Other | 7.3 | ​ | ​ | 0.9 | ​ | ​ | (0.9) | ​ | ​ | 1.1 | ​ | ​ | (0.9)
​ | ​ | ​ | ​ | 639.5 | ​ | ​ | (388.3) | ​ | ​ | 720.0 | ​ | ​ | (447.5)
Intangible assets not subject to amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trade names | ​ | ​ | ​ | 723.1 | ​ | ​ | — | ​ | ​ | 758.6 | ​ | ​ | —
​ | ​ | ​ | $ | 1,362.6 | ​ | $ | (388.3) | ​ | $ | 1,478.6 | ​ | $ | (447.5)
​ ​ Intangible assets recorded in connection with our 2019 acquisition of Fry Steel were $56.3 million; $30.3 million was allocated to trade names, which is not subject to amortization, and $26.0 million was allocated to customer lists/relationships. ​ Amortization expense for intangible assets was $20.9 million and $21.5 million for the six months ended June 30, 2020 and 2019, respectively. Foreign currency translation losses related to intangible assets, net, were $3.2 million for the six months ended June 30, 2020 compared to foreign currency translation gains of $1.7 million for the comparable 2019 period. ​ In the six months ended June 30, 2020, we recognized impairment losses of $64.3 million on our trade names and $24.7 million on our customer lists/relationships intangible assets related to certain of our energy-related businesses. See Note 13—“Impairment and Restructuring Charges” for further discussion of our impairment losses. ​ The following is a summary of estimated future amortization expense for the remaining six months of 2020 and each of the succeeding five years: ​
​ | ​ | ​
​ | (in millions)
2020 (remaining six months) | $ | 18.9
2021 | ​ | 37.3
2022 | ​ | 36.6
2023 | ​ | 32.4
2024 | ​ | 28.8
2025 | ​ | 24.6
​

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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