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INTANGIBLE ASSETS | 6 Months Ended
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Jun. 30, 2022
INTANGIBLE ASSETS |
INTANGIBLE ASSETS | 7. INTANGIBLE ASSETS ​ Intangible assets on the Company’s condensed consolidated balance sheets consist of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | June 30, 2022 | ​ | December 31, 2021
​ |  | ​ |  | Gross |  | Accumulated |  | Net Book |  | Gross |  | Accumulated |  | Net Book
​ | ​ | Life | ​ | Amount | ​ | Amortization | ​ | Value | ​ | Amount | ​ | Amortization | ​ | Value
Customer lists |  | 5-18 years | ​ | $ | 112,875 | ​ | $ | (30,446) | ​ | $ | 82,429 | ​ | $ | 94,079 | ​ | $ | (27,639) | ​ | $ | 66,440
Trade name |  | 10 - 19 years | ​ |  | 15,287 | ​ |  | (6,347) | ​ |  | 8,940 | ​ |  | 14,649 | ​ |  | (5,927) | ​ |  | 8,722
Design and technologies |  | 10 - 15 years | ​ |  | 41,312 | ​ |  | (6,738) | ​ |  | 34,574 | ​ |  | 34,241 | ​ |  | (5,617) | ​ |  | 28,624
Total | ​ | ​ | ​ | $ | 169,474 | ​ | $ | (43,531) | ​ | $ | 125,943 | ​ | $ | 142,969 | ​ | $ | (39,183) | ​ | $ | 103,786
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ Intangible assets resulting from the acquisition of FPH, ThinGap and Airex were $28,611 (Note 2). The intangible assets acquired consist of customer lists, technology and tradenames. Amortization expense for intangible assets was $2,645 and $1,511 for the three months ended June 30, 2022 and 2021, respectively. For the six months ended June 30, 2022 and 2021, amortization expense was $5,079 and $3,023, respectively. Estimated future intangible asset amortization expense as of June 30, 2022 is as follows (in thousands):
​ | ​ | ​ | ​
​ | ​ | Estimated
​ |  | Amortization Expense
Remainder of 2022 | ​ | $ | 6,133
2023 | ​ |  | 12,269
2024 | ​ |  | 11,944
2025 | ​ | ​ | 11,928
2026 | ​ |  | 11,831
2027 | ​ | ​ | 11,388
Thereafter | ​ |  | 60,450
Total estimated amortization expense | ​ | $ | 125,943
​ | ​ | ​ | ​
​

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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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- References No definition available. + Details
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