XML 52 R38.htm IDEA: XBRL DOCUMENT v3.20.4
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Other Intangible Assets

The following is a summary of the Company’s other intangible assets as of December 31:

 

 

 

As of December 31, 2020

 

 

 

 

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Amount

 

 

Weighted

Average

Remaining

Amortization

Period

(in years)

 

Other intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists / relationships

 

$

97,355

 

 

$

(44,002)

 

 

$

53,353

 

 

 

9.8

 

Technology and other intangibles

 

 

47,301

 

 

 

(21,533)

 

 

 

25,768

 

 

 

7.8

 

In process research and development

 

 

2,200

 

 

 

(2,200)

 

 

 

 

 

 

 

Other intangible assets, net

 

$

146,856

 

 

$

(67,735)

 

 

$

79,121

 

 

 

9.2

 

Amortization expense for the year ended

   December 31, 2020

 

 

 

 

 

$

9,055

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2019

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Amount

 

Other intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

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 year ended December 31, 2019

 

 

 

 

 

$

7,770

 

 

 

 

 

Amortization expense for the year ended December 31, 2018

 

 

 

 

 

$

6,817

 

 

 

 

 

 

Summary of Estimated Amortization Expense

The estimated amortization expense for the next five years and thereafter is as follows:

 

 

 

Amortization

expense

 

2021

 

$

9,409

 

2022

 

 

9,173

 

2023

 

 

7,167

 

2024

 

 

7,005

 

2025

 

 

6,783

 

Thereafter

 

 

39,584

 

Total future amortization expense

 

$

79,121

 

Summary Changes in Net Carrying Value Amount of Goodwill

Changes in the net carrying value amount of goodwill were as follows:

 

 

 

Total

 

Goodwill as of December 31, 2018

 

$

71,057

 

Increase from acquisition

 

 

34,999

 

Goodwill as of December 31, 2019

 

$

106,056

 

Increase from acquisition

 

 

3,441

 

Goodwill as of December 31, 2020

 

$

109,497