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Intangible Assets, Net
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net Intangible Assets
The following table shows changes in the carrying amount of intangible assets, net, by reportable segment.
Mobile SolutionsPower SolutionsTotal
Balance as of December 31, 2022$22,356 $50,535 $72,891 
Amortization(3,353)(10,814)(14,167)
Balance as of December 31, 202319,003 39,721 58,724 
Amortization(3,354)(10,369)(13,723)
Intangible assets sold (1)— (591)(591)
Balance as of December 31, 2024$15,649 $28,761 $44,410 
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(1)    Represents customer relationships associated with the Industrial Molding Corporation business, which was sold during the year ended December 31, 2024 (see Note 18).
The following table shows the cost and accumulated amortization of our intangible assets as of December 31, 2024 and 2023.
 December 31, 2024December 31, 2023
 Gross Carrying Value as of Acquisition DateAccumulated
Amortization		Net
Carrying
Value		Gross Carrying Value as of Acquisition DateAccumulated
Amortization		Net
Carrying
Value
Customer relationships$169,416 $(126,281)$43,135 $171,846 $(114,671)$57,175 
Trademark and trade name4,100 (2,825)1,275 7,527 (5,978)1,549 
Total identified intangible assets$173,516 $(129,106)$44,410 $179,373 $(120,649)$58,724 
Intangible assets that are fully amortized are removed and no longer represented in the gross carrying value or accumulated amortization.
The following table shows estimated future amortization expense for each of the next five years.
Year Ending December 31,
2025$13,621 
202613,621 
202711,579 
20283,353 
20292,236 
Intangible assets are reviewed for impairment when changes in circumstances indicate the carrying value of those assets may not be recoverable. There were no impairment charges for the years ended December 31, 2024, 2023, and 2022.