XML 28 R15.htm IDEA: XBRL DOCUMENT
v3.22.4

Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Intangible Assets At December 31, 2022 and 2021, intangible assets consisted of the following (in thousands):
| December 31, 2022
| Cost |  | Accumulated amortization |  | Net |  | Amortization period (in years)
Customer relationships | $ | 266,537 |  |  | $ | (147,496) |  |  | $ | 119,041 |  |  | 10 - 35
Patents and technology | 88,863 |  |  | (35,298) |  |  | 53,565 |  |  | 5 - 19
Non-compete agreements | 188 |  |  | (188) |  |  | — |  |  | 5
Trade names | 42,638 |  |  | (27,071) |  |  | 15,567 |  |  | 7 - 19
Trademark | 5,089 |  |  | (1,781) |  |  | 3,308 |  |  | 15
Total intangible assets | $ | 403,315 |  |  | $ | (211,834) |  |  | $ | 191,481 |  |  |
| December 31, 2021
| Cost |  | Accumulated amortization |  | Net |  | Amortization period (in years)
Customer relationships | $ | 269,589 |  |  | $ | (133,451) |  |  | $ | 136,138 |  |  | 10 - 15
Patents and technology | 89,449 |  |  | (29,785) |  |  | 59,664 |  |  | 5 - 19
Non-compete agreements | 191 |  |  | (173) |  |  | 18 |  |  | 2 - 6
Trade names | 43,125 |  |  | (25,187) |  |  | 17,938 |  |  | 7 - 19
Trademark | 5,089 |  |  | (1,442) |  |  | 3,647 |  |  | 15
Total intangible assets | $ | 407,443 |  |  | $ | (190,038) |  |  | $ | 217,405 |  |  |
Intangible assets with definite lives are tested for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. Amortization expense was $24.5 million and $25.1 million for the years ended December 31, 2022 and 2021, respectively. The estimated future amortization expense for the next five years is as follows (in thousands):
Year ending December 31, |  | Amount
2023 |  | $ | 24,302 |
2024 |  | 22,545 |
2025 |  | 21,405 |
2026 |  | 20,581 |
2027 |  | 19,135 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration