Other Intangible Assets

9 Months Ended

Sep. 30, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

NOTE 7 – Other Intangible Assets

Other intangible assets, net consist of the following components:

	As of
	September 30, 2020
	Gross Carrying Amount		Accumulated Amortization			Net Amount
Customer lists/relationships	$	92,194	$	(42,753	)	$	49,441
Technology and other intangibles		47,925		(21,240	)		26,685
In process research and development		2,200		(2,200	)		—
Other intangible assets, net	$	142,319	$	(66,193	)	$	76,126
Amortization expense for the three months ended September 30, 2020			$	2,253
Amortization expense for the nine months ended September 30, 2020			$	6,816

In the third quarter of 2020, due to the restructuring actions further outlined in Note 8, we performed an interim impairment assessment. This resulted in the recognition of $2,200 of impairment charges related to in process research and development, and a revaluation of associated contingent liabilities totaling $1,900. The net impact of $300 was recorded as restructuring expense in the Condensed Consolidated Statements of Earnings.

	As of
	December 31, 2019
	Gross Carrying Amount		Accumulated Amortization			Net Amount
Customer lists/relationships	$	92,194	$	(38,682	)	$	53,512
Technology and other intangibles		47,925		(18,422	)		29,503
In process research and development		2,200		—			2,200
Other intangible assets, net	$	142,319	$	(57,104	)	$	85,215
Amortization expense for the three months ended September 30, 2019			$	1,999
Amortization expense for the nine months ended September 30, 2019			$	5,381

Remaining amortization expense for other intangible assets as of September 30, 2020 is as follows:

	Amortization expense
2020	$	2,243
2021		8,893
2022		8,657
2023		6,651
2024		6,489
Thereafter		43,193
Total amortization expense	$	76,126