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INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2019
INTANGIBLE ASSETS  
Schedule of intangible assets

Intangible assets on the Company’s consolidated balance sheets consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

December 31, 2018

 

    

 

    

Gross

    

Accumulated

    

Net Book

    

Gross

    

Accumulated

    

Net Book

 

 

Life

 

Amount

 

amortization

 

Value

 

Amount

 

amortization

 

Value

Customer lists

 

8 - 17 years

 

$

64,314

 

$

(19,311)

 

$

45,003

 

$

64,439

 

$

(15,343)

 

$

49,096

Trade name

 

10 - 19 years

 

 

12,222

 

 

(4,114)

 

 

8,108

 

 

12,249

 

 

(3,305)

 

 

8,944

Design and technologies

 

10 - 15 years

 

 

12,927

 

 

(3,554)

 

 

9,373

 

 

13,023

 

 

(2,723)

 

 

10,300

Patents

 

17 years

 

 

24

 

 

(11)

 

 

13

 

 

24

 

 

(10)

 

 

14

Total

 

 

 

$

89,487

 

$

(26,990)

 

$

62,497

 

$

89,735

 

$

(21,381)

 

$

68,354

 

Schedule of estimated amortization expense for intangible assets

Estimated amortization expense for intangible assets is as follows (in thousands):

 

 

 

 

 

Year ending December 31, 

    

Total

2020

 

$

5,719

2021

 

 

5,470

2022

 

 

5,470

2023

 

 

5,389

2024

 

 

5,087

Thereafter

 

 

35,362

 

 

$

62,497