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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

 

 

 

Goodwill

 

 

 

(in thousands)

 

Balance as of December 31, 2020

 

$

152,459

 

Goodwill acquired

 

 

Impairment

 

 

Balance as of June 30, 2021

 

$

152,459

 

 

Schedule of Estimated Amortization of Intangible Assets

Estimated annual pretax amortization of intangible assets for each of the next five years and thereafter is as follows (in thousands):

 

Year

 

Amount(1)

 

2021 - remaining

 

$

3,175

 

2022

 

$

6,351

 

2023

 

$

6,351

 

2024

 

$

6,351

 

2025

 

$

6,315

 

Thereafter

 

$

29,243

 

Total

 

$

57,787

 

 

 

(1)

Excludes insurance licenses valued at $1.3 million and classified as an indefinite lived intangible which is subject to annual impairment testing and not amortized.