XML 72 R38.htm IDEA: XBRL DOCUMENT v3.20.4
Other Intangible Assets, net (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Components of Intangible Assets, Net

The components of other intangible assets, net, for the years ended December 31, 2020 and 2019 were as follows:

 

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

 

2020

 

 

2019

 

 

 

Weighted

 

 

Acquired

 

 

 

 

 

 

Acquired

 

 

Acquired

 

 

 

 

 

 

Acquired

 

 

 

Average

 

 

Intangible

 

 

 

 

 

 

Intangible

 

 

Intangible

 

 

 

 

 

 

Intangible

 

 

 

Life

 

 

Assets,

 

 

Accumulated

 

 

Assets,

 

 

Assets,

 

 

Accumulated

 

 

Assets,

 

(millions)

 

(Years)

 

 

Gross

 

 

Amortization

 

 

Net

 

 

Gross

 

 

Amortization

 

 

Net

 

Covenant not to compete

 

 

2.1

 

 

$

2.9

 

 

$

(1.3

)

 

$

1.6

 

 

$

2.9

 

 

$

(0.3

)

 

$

2.6

 

Trade names and trademarks

 

 

2.9

 

 

 

0.9

 

 

 

(0.2

)

 

 

0.7

 

 

 

5.6

 

 

 

(1.2

)

 

 

4.4

 

Proprietary know how

 

 

3.7

 

 

 

3.8

 

 

 

(0.4

)

 

$

3.4

 

 

 

10.4

 

 

 

(2.0

)

 

 

8.4

 

Management contract rights

 

 

8.1

 

 

 

81.0

 

 

 

(42.6

)

 

 

38.4

 

 

 

81.0

 

 

 

(37.4

)

 

 

43.6

 

Customer relationships

 

 

12.9

 

 

 

21.5

 

 

 

(2.5

)

 

$

19.0

 

 

 

100.4

 

 

 

(7.2

)

 

 

93.2

 

Acquired intangible assets, net

 

 

9.1

 

 

$

110.1

 

 

$

(47.0

)

 

$

63.1

 

 

$

200.3

 

 

$

(48.1

)

 

$

152.2

 

 

Summary of Amortization of Intangible Assets

The table below shows the amortization expense related to intangible assets for the years ended December 31, 2020, 2019 and 2018, which was included in Depreciation and amortization within the Consolidated Statements of (Loss) Income.

 

 

 

Year Ended December 31,

 

(millions)

 

2020

 

 

2019

 

 

2018

 

Amortization expense

 

$

13.2

 

 

$

15.1

 

 

$

6.1

 

Schedule of Expected Future Amortization of Intangible Assets

The expected future amortization of intangible assets as of December 31, 2020 was as follows:

 

(millions)

 

Intangible asset

amortization

 

2021

 

$

8.7

 

2022

 

 

8.1

 

2023

 

 

8.0

 

2024

 

 

7.3

 

2025

 

 

6.6

 

2026 and thereafter

 

 

24.4

 

Total

 

$

63.1