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Intangible Assets, Net
6 Months Ended
Jun. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net

(5) Intangible Assets, Net

Intangible assets, net consisted of the following (in thousands):

 

 

 

As of

 

 

 

June 30,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Intangible assets:

 

 

 

 

 

 

 

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

Carrying amount:

 

 

 

 

 

 

 

 

Customer relationships

 

 

145,051

 

 

 

145,051

 

Other

 

 

3,074

 

 

 

3,074

 

Total finite-lived intangible assets

 

 

148,125

 

 

 

148,125

 

Accumulated amortization:

 

 

 

 

 

 

 

 

Customer relationships

 

 

(126,324

)

 

 

(122,426

)

Other

 

 

(3,074

)

 

 

(2,995

)

Total accumulated amortization

 

 

(129,398

)

 

 

(125,421

)

Total finite-lived intangible assets, net

 

 

18,727

 

 

 

22,704

 

Trade name (indefinite-lived)

 

 

31,646

 

 

 

31,646

 

Total intangible assets, net

 

$

50,373

 

 

$

54,350

 

 

As of June 30, 2020, estimated amortization expense of the Company’s intangible assets for each of the next five years and thereafter is as follows (in thousands):

 

 

 

Amortization

 

Remainder of 2020

 

$

3,899

 

2021

 

 

5,114

 

2022

 

 

3,353

 

2023

 

 

2,199

 

2024

 

 

1,443

 

Later years

 

 

2,719

 

 

 

$

18,727