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Intangible Assets
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 4 – Intangible assets

Intangible assets consist of the following (in thousands):

 

Description

 

Weighted

Average

Remaining

Useful

Life in

Years

 

 

December 31, 2020

 

 

December 31, 2019

 

Trademark and tradenames

 

 

5.5

 

 

$

67,183

 

 

$

66,311

 

Accumulated amortization

 

 

 

 

 

 

(29,004

)

 

 

(21,504

)

Trademark and tradenames, net

 

 

 

 

 

 

38,179

 

 

 

44,807

 

Developed technology

 

 

4.2

 

 

 

79,796

 

 

 

71,327

 

Accumulated amortization

 

 

 

 

 

 

(49,968

)

 

 

(36,838

)

Developed technology, net

 

 

 

 

 

 

29,828

 

 

 

34,489

 

Non-compete agreements

 

 

 

 

 

1,402

 

 

 

1,467

 

Accumulated amortization

 

 

 

 

 

 

(1,402

)

 

 

(1,242

)

Non-compete agreements, net

 

 

 

 

 

 

 

 

 

225

 

Customer relationships

 

 

6.1

 

 

 

97,420

 

 

 

95,693

 

Accumulated amortization

 

 

 

 

 

 

(55,694

)

 

 

(44,646

)

Customer relationships, net

 

 

 

 

 

 

41,726

 

 

 

51,047

 

Intangible assets, net of amortization

 

 

 

 

 

$

109,733

 

 

$

130,568

 

 

Future amortization of intangible assets is as follows (in thousands):

 

December 31,

 

Amount

 

2021

 

$

27,398

 

2022

 

 

23,153

 

2023

 

 

17,413

 

2024

 

 

13,111

 

2025

 

 

8,718

 

Thereafter

 

 

15,025

 

In process

 

 

4,916

 

Total

 

$

109,733