XML 23 R13.htm IDEA: XBRL DOCUMENT v3.22.1
Intangible Assets
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible assets
Our intangible assets consist of the following:
 March 31, 2022December 31, 2021
Definite-lived intangible assets(in thousands)
Intellectual property$6,295 $6,479 
Customer relationships47,547 48,684 
Less:  Accumulated amortization(1,103)(208)
               Total, net52,739 54,955 
Indefinite-lived intangible assets
Trademarks14,571 15,166 
Total intangible assets, net$67,310 $70,121 

Amortization expense recorded in cost of sales is as follows:
 Three Months Ended
 March 31,
2022
March 31,
2021
(in thousands)
Amortization expense$895 $38 

Excluding the impact of any future acquisitions, the Company anticipates amortization expense to be $3.6 million for each of the years ended 2022 through 2026.