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INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2020
INTANGIBLE ASSETS  
Schedule of intangible assets

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

September 30, 2020

December 31, 2019

    

    

Gross

    

Accumulated

    

Net Book

    

Gross

    

Accumulated

    

Net Book

Life

Amount

amortization

Value

Amount

amortization

Value

Customer lists

 

8 - 17 years

$

69,112

$

(22,462)

$

46,650

$

64,314

$

(19,311)

$

45,003

Trade name

 

10 - 19 years

 

13,837

 

(4,799)

 

9,038

 

12,222

 

(4,114)

 

8,108

Design and technologies

 

10 - 15 years

 

15,103

 

(4,437)

 

10,666

 

12,927

 

(3,554)

 

9,373

Patents

17 years

 

24

 

(12)

 

12

 

24

 

(11)

 

13

Total

$

98,076

$

(31,710)

$

66,366

$

89,487

$

(26,990)

$

62,497

Schedule of estimated amortization expense for intangible assets

Estimated future intangible asset amortization expense as of September 30, 2020 is as follows (in thousands):

Estimated

    

Amortization Expense

Remainder of 2020

$

1,499

2021

 

5,984

2022

 

6,031

2023

6,040

2024

 

5,713

Thereafter

 

41,099

Total estimated amortization expense

$

66,366