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Intangible Assets
 12 Months Ended
Dec. 31, 2021
Intangible Assets Net Excluding Goodwill [Abstract]  
Intangible Assets

Note 9. INTANGIBLE ASSETS

Intangible assets consisted of the following (in thousands):

 

 

 

December 31, 2021

 

 

December 31, 2020

 

 

 

Gross

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Gross

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Wholesale fuel supply contracts/rights

 

$

212,194

 

 

$

(99,124

)

 

$

113,070

 

 

$

187,643

 

 

$

(95,694

)

 

$

91,949

 

Trademarks/licenses

 

 

2,208

 

 

 

(1,174

)

 

 

1,034

 

 

 

1,898

 

 

 

(1,115

)

 

 

783

 

Covenant not to compete

 

 

450

 

 

 

(367

)

 

 

83

 

 

 

4,552

 

 

 

(4,372

)

 

 

180

 

Total intangible assets

 

$

214,852

 

 

$

(100,665

)

 

$

114,187

 

 

$

194,093

 

 

$

(101,181

)

 

$

92,912

 

See Note 3 regarding our acquisition of certain assets from 7-Eleven.

Amortization expense was $20.0 million, $16.1 million and $10.9 million for 2021, 2020 and 2019, respectively. Aggregate amortization expense is expected to be $21.4 million, $17.4 million, $14.7 million, $12.7 million and $12.0 million for 2022, 2023, 2024, 2025 and 2026, respectively.