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Intangible Assets
6 Months Ended
Jun. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 8 — INTANGIBLE ASSETS

The gross carrying amount of intangible assets and accumulated amortization as of June 30, 2020 and December 31, 2019 were as follows (amounts in millions):

 

 

 

 

 

June 30, 2020

 

 

December 31, 2019

 

 

 

Gross carrying

amount

 

 

Accumulated

amortization

 

 

Net carrying

amount

 

 

Gross carrying

amount

 

 

Accumulated

amortization

 

 

Net carrying

amount

 

Customer relationships

 

$

17.7

 

 

$

(1.9

)

 

$

15.8

 

 

$

5.4

 

 

$

(2.8

)

 

$

2.6

 

Non-compete agreements

 

 

0.2

 

 

 

 

 

 

0.2

 

 

 

0.4

 

 

 

(0.3

)

 

 

0.1

 

Tradenames

 

 

1.3

 

 

 

(0.2

)

 

 

1.1

 

 

 

0.7

 

 

 

(0.4

)

 

 

0.3

 

Total

 

$

19.2

 

 

$

(2.1

)

 

$

17.1

 

 

$

6.5

 

 

$

(3.5

)

 

$

3.0

 

 

Amortization of intangible assets were $0.6 million and $0.7 million for the three and six months ended June 30, 2020 and $0.0 million and $0.1 million for the three and six months ended June 30, 2019, respectively.

The Company concluded there was no triggering event that constitutes the need to perform a finite-lived intangible assets for impairment for the period ended June 30, 2020.