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Note 9 - Intangible Assets

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

9.	Intangible assets

December 31, 2023		Gross
		carrying				Accumulated
		amount				amortization				Net

Customer relationships		$	683,006			$	198,911			$	484,095
Franchise rights			58,363				42,972				15,391
Trademarks and trade names			51,412				18,674				32,738
Management contracts and other			176,322				80,535				95,787
		$	969,103			$	341,092			$	628,011

		Gross
December 31, 2022		carrying				Accumulated
		amount				amortization				Net

Customer relationships		$	451,970			$	163,913			$	288,057
Franchise rights			53,702				36,919				16,783
Trademarks and trade names			29,424				18,705				10,719
Management contracts and other			120,335				67,443				52,892
		$	655,431			$	286,980			$	368,451

During the year ended December 31, 2023, the Company acquired the following intangible assets:

						Estimated
						weighted
						average
						amortization
		Amount				period (years)

Customer relationships		$	224,940				19.5
Trademarks and trade names			21,880				15.0
Management Contracts and other			59,071				19.1
		$	305,891				19.1

The following is the estimated annual amortization expense for recorded intangible assets for each of the next five years ending December 31:

2024		$	61,092
2025			59,808
2026			58,134
2027			54,730
2028			51,969