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INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2021
INTANGIBLE ASSETS  
Schedule of intangible assets

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

September 30, 2021

December 31, 2020

    

    

Gross

    

Accumulated

    

Net Book

    

Gross

    

Accumulated

    

Net Book

Life

Amount

Amortization

Value

Amount

Amortization

Value

Customer lists

 

8 - 17 years

$

69,237

$

(26,558)

$

42,679

$

69,833

$

(23,636)

$

46,197

Trade name

 

10 - 19 years

 

13,888

 

(5,706)

 

8,182

 

14,055

 

(5,061)

 

8,994

Design and technologies

 

10 - 15 years

 

15,134

 

(5,362)

 

9,772

 

15,531

 

(4,874)

 

10,657

Patents

17 years

 

24

 

(14)

 

10

 

24

 

(13)

 

11

Total

$

98,283

$

(37,640)

$

60,643

$

99,443

$

(33,584)

$

65,859

Schedule of estimated amortization expense for intangible assets

Estimated future intangible asset amortization expense as of September 30, 2021 is as follows (in thousands):

Estimated

    

Amortization Expense

Remainder of 2021

$

1,500

2022

 

6,048

2023

 

6,060

2024

5,733

2025

 

5,715

2026

5,703

Thereafter

 

29,884

Total estimated amortization expense

$

60,643