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Customer Lists, Net
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Customer Lists, Net Distribution Agreements, Net
Distribution agreements, net, which are amortized on a straight-line basis and have an estimated useful life of 20 to 40 years, consisted of the following:

(in thousands)September 30, 2022December 31, 2021
Distribution agreements at cost$990,191 $960,042 
Less: Accumulated amortization141,934 123,265 
Distribution agreements, net$848,257 $836,777 

Following is a summary of activity for distribution agreements, net during the first nine months of 2022 and the first nine months of 2021:

First Nine Months
(in thousands)20222021
Beginning balance - distribution agreements, net$836,777 $853,753 
BODYARMOR distribution rights30,149 14 
Additional accumulated amortization(18,669)(18,364)
Ending balance - distribution agreements, net$848,257 $835,403 
Customer Lists, Net
Customer lists, net, which are amortized on a straight-line basis and have an estimated useful life of five to 12 years, consisted of the following:

(in thousands)September 30, 2022December 31, 2021
Customer lists at cost$25,288 $25,288 
Less: Accumulated amortization15,673 14,322 
Customer lists, net$9,615 $10,966