Goodwill and Other Intangibles

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

Goodwill and Other Intangibles

Goodwill

The carrying amount of goodwill at both December 31, 2021 and 2020 was $29.8 million. Accumulated impairment losses at both December 31, 2021 and 2020 were $11.6 million.

Other Intangible Assets

Components of intangible assets are as follows:

(in thousands)	As of December 31, 2021
	Gross Carrying Value		Accumulated Amortization		Net Book Value
Customer relationships	$	34,940	$	(27,514)	$	7,426
Developed technology	700		(680)		20
Trade names and trademarks	1,700		(1,362)		338
Total	$	37,340	$	(29,556)	$	7,784

(in thousands)	As of December 31, 2020
	Gross Carrying Value		Accumulated Amortization		Net Book Value
Customer relationships	$	34,940	$	(25,117)	$	9,823
Developed technology	700		(650)		50
Trade names and trademarks	1,700		(1,254)		446
Total	$	37,340	$	(27,021)	$	10,319

Estimated future amortization expense for intangible assets as of December 31, 2021 is as follows:

(in thousands)
Year Ending December 31,	Estimated Amortization
2022	$	2,124
2023	1,746
2024	1,459
2025	1,219
2026	997
2027 and beyond	239
Total	$	7,784