Intangible Assets

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

The gross carrying amount and accumulated amortization of intangible assets were as follows (in thousands):


		December 31,
		2023						2022
	Useful Life (Years)	Gross Amount		Accumulated Amortization		Net Carrying Amount			Gross Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	5-18	$	110,780	$	(90,506)	$	20,274		$	109,683	$	(84,130)	$	25,553
Software/Technology	3-15	55,053		(32,230)		22,823			51,028		(28,669)		22,359
Covenants not to compete	2-5	12,536		(12,488)		48			12,488		(12,416)		72
Other	2-12	10,466		(9,617)		849			10,389		(9,358)		1,031
Total		$	188,835	$	(144,841)	$	43,994		$	183,588	$	(134,573)	$	49,015

Amortization expense for the years ended December 31, 2023, 2022 and 2021, was approximately $8.5 million, $9.1 million, and $9.7 million, respectively, including amortization of software/technology for these periods of $2.9 million, $2.9 million, and $3.0 million, respectively.

Amortization expense in each of the five years and thereafter subsequent to December 31, 2023 related to the Company’s intangible assets is expected to be as follows (in thousands):


	Expected Amortization Expense
2024	$	9,054
2025	6,829
2026	6,120
2027	4,752
2028	4,620
Thereafter	12,619
Total	$	43,994