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Other Intangible Assets, net (Tables)
3 Months Ended
Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Components of Intangible Assets, Net

The components of other intangible assets, net, at March 31, 2021 (unaudited) and December 31, 2020 were as follows:

 

 

 

 

 

 

 

March 31, 2021

 

 

December 31, 2020

 

(millions)

 

Weighted

Average

Life (Years)

 

 

Intangible

Assets,

Gross

 

 

Accumulated

Amortization

 

 

Intangible

Assets,

Net

 

 

Intangible

Assets,

Gross

 

 

Accumulated

Amortization

 

 

Intangible

Assets,

Net

 

Covenant not to compete

 

 

2.0

 

 

$

2.9

 

 

$

(1.5

)

 

$

1.4

 

 

$

2.9

 

 

$

(1.3

)

 

$

1.6

 

Trade names and trademarks

 

 

2.7

 

 

 

0.9

 

 

 

(0.3

)

 

 

0.6

 

 

 

0.9

 

 

 

(0.2

)

 

 

0.7

 

Proprietary know how

 

 

3.4

 

 

 

3.8

 

 

 

(0.6

)

 

 

3.2

 

 

 

3.8

 

 

 

(0.4

)

 

 

3.4

 

Management contract rights

 

 

7.9

 

 

 

81.0

 

 

 

(43.9

)

 

 

37.1

 

 

 

81.0

 

 

 

(42.6

)

 

 

38.4

 

Customer relationships

 

 

12.7

 

 

 

21.5

 

 

 

(2.8

)

 

 

18.7

 

 

 

21.5

 

 

 

(2.5

)

 

 

19.0

 

Other intangible assets, net

 

 

8.9

 

 

$

110.1

 

 

$

(49.1

)

 

$

61.0

 

 

$

110.1

 

 

$

(47.0

)

 

$

63.1

 

 

Summary of Amortization of Intangible Assets

Amortization expense related to intangible assets for the three months ended March 31, 2021 and 2020 (unaudited), respectively, which was included in Depreciation and amortization within the Condensed Consolidated Statements of Income (Loss), was as follows:

 

 

 

Three Months Ended

 

(millions)

 

March 31, 2021

 

 

March 31, 2020

 

Amortization expense

 

$

2.1

 

 

$

3.9