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Identifiable Intangible Assets from Acquisitions (Tables)
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Identifiable Intangible Assets from Acquisitions

Identifiable intangible assets from acquisitions consisted of the following:

 

 

As of September 30, 2024

 

(In Thousands)

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Impairment

 

 

Net Carrying
Amount

 

Customer relationships

 

$

13,018

 

 

$

(9,588

)

 

$

(3,430

)

 

$

 

Technologies

 

 

9,369

 

 

 

(8,190

)

 

 

(1,062

)

 

 

117

 

Non-compete agreements

 

 

3,409

 

 

 

(3,030

)

 

 

(346

)

 

 

34

 

Trade names

 

 

734

 

 

 

(613

)

 

 

(121

)

 

 

 

Total identifiable intangible assets from acquisitions

 

$

26,530

 

 

$

(21,421

)

 

$

(4,959

)

 

$

151

 

 

 

 

As of December 31, 2023

 

(In Thousands)

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Impairment

 

 

Net Carrying
Amount

 

Customer relationships

 

$

13,018

 

 

$

(9,588

)

 

$

(3,430

)

 

$

 

Technologies

 

 

9,369

 

 

 

(7,839

)

 

 

(1,062

)

 

 

468

 

Non-compete agreements

 

 

3,409

 

 

 

(2,929

)

 

 

(346

)

 

 

134

 

Trade names

 

 

734

 

 

 

(613

)

 

 

(121

)

 

 

 

Total identifiable intangible assets from acquisitions

 

$

26,530

 

 

$

(20,969

)

 

$

(4,959

)

 

$

602

 

 

Summary of Amortization of Intangibles from Acquisitions

The amortization of intangible assets is separately presented on the Condensed Consolidated Statement of Operations; if these amortization costs were not separately stated, they would be reported as follows:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(In Thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Components of amortization of intangibles from acquisitions:

 

 

 

 

 

 

 

 

 

 

 

 

       Service costs

 

$

117

 

 

$

117

 

 

$

351

 

 

$

351

 

       Sales and marketing

 

 

34

 

 

 

414

 

 

 

101

 

 

 

1,242

 

            Total

 

$

151

 

 

$

531

 

 

$

452

 

 

$

1,593