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

The components of other intangible assets, net, as of December 31, 2021 and 2020, were as follows:

 

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

 

2021

 

 

2020

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

Intangible

 

 

 

 

 

 

Intangible

 

 

Intangible

 

 

 

 

 

 

Intangible

 

 

 

Life

 

 

Assets,

 

 

Accumulated

 

 

Assets,

 

 

Assets,

 

 

Accumulated

 

 

Assets,

 

(millions)

 

(Years)

 

 

Gross

 

 

Amortization

 

 

Net

 

 

Gross

 

 

Amortization

 

 

Net

 

Covenant not to compete

 

 

1.9

 

 

$

2.9

 

 

$

(2.3

)

 

$

0.6

 

 

$

2.9

 

 

$

(1.3

)

 

$

1.6

 

Trade names and trademarks

 

 

2.0

 

 

 

0.9

 

 

 

(0.5

)

 

 

0.4

 

 

 

0.9

 

 

 

(0.2

)

 

 

0.7

 

Proprietary know how

 

 

2.8

 

 

 

3.8

 

 

 

(1.3

)

 

 

2.5

 

 

 

3.8

 

 

 

(0.4

)

 

 

3.4

 

Management contract rights

 

 

7.2

 

 

 

81.0

 

 

 

(47.7

)

 

 

33.3

 

 

 

81.0

 

 

 

(42.6

)

 

 

38.4

 

Customer relationships

 

 

12.1

 

 

 

21.5

 

 

 

(3.9

)

 

 

17.6

 

 

 

21.5

 

 

 

(2.5

)

 

 

19.0

 

Other intangible assets, net

 

 

8.5

 

 

$

110.1

 

 

$

(55.7

)

 

$

54.4

 

 

$

110.1

 

 

$

(47.0

)

 

$

63.1

 

 

Summary of Amortization of Intangible Assets

Amortization expense related to intangible assets for the years ended December 31, 2021, 2020 and 2019, which was included in Depreciation and amortization within the Consolidated Statements of Income (Loss), was as follows:

 

 

 

Year Ended December 31,

 

(millions)

 

2021

 

 

2020

 

 

2019

 

Amortization expense

 

$

8.7

 

 

$

13.2

 

 

$

15.1

 

Schedule of Expected Future Amortization of Intangible Assets

The expected future amortization of intangible assets as of December 31, 2021 was as follows:

 

(millions)

 

Intangible asset

amortization

 

2022

 

$

8.1

 

2023

 

 

8.0

 

2024

 

 

7.3

 

2025

 

 

6.6

 

2026

 

 

6.1

 

2027 and thereafter

 

 

18.3

 

Total

 

$

54.4