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Intangibles, Net (Tables)
12 Months Ended
Dec. 31, 2019
Intangible Assets Net Excluding Goodwill [Abstract]  
Schedule of Finite-Lived Intangible Assets by Major Class

The components of intangibles, net as of December 31, 2019 and 2018 are as follows (in thousands):

 

 

 

 

 

2019

 

 

2018

 

 

 

Original life

 

Gross Carrying

 

 

Accumulated

 

 

Gross Carrying

 

 

Accumulated

 

 

 

in years

 

Value

 

 

Amortization

 

 

Value

 

 

Amortization

 

Acquired trade secrets

 

2-20

 

$

3,613

 

 

$

2,463

 

 

$

3,604

 

 

$

2,110

 

Acquired patents, technology and trademarks

 

4-15

 

 

15,622

 

 

 

4,193

 

 

 

9,697

 

 

 

3,115

 

Agreements not to compete

 

2-5

 

 

1,149

 

 

 

919

 

 

 

1,149

 

 

 

759

 

Acquired trade names

 

Indefinite

 

 

4,641

 

 

 

 

 

 

4,588

 

 

 

 

Total intangibles, net

 

 

 

$

25,025

 

 

$

7,575

 

 

$

19,038

 

 

$

5,984

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

 

Our estimated amortization expense relating to these intangibles for the next five years is summarized in the following table (in thousands):

2020

 

$

1,491

 

2021

 

$

1,279

 

2022

 

$

1,254

 

2023

 

$

990

 

2024

 

$

982