Note 6 - Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

(6) Goodwill and Intangible Assets

Goodwill and intangible assets consisted of the following at December 31, 2023:

	Gross		Accumulated Impairment			Net
	(In thousands)
Goodwill	$	62,328	$	(714	)	$	61,614

	Useful Life				Gross		Accumulated Amortization		Net
	(In years)						(In thousands)
Non-amortizing intangible assets:
Indefinite trade name						1,191				1,191
Amortizing intangible assets:
Customer related		5	-	15		9,192		9,152		40
Technology		3	-	7		1,959		1,719		240
Trade names			10			1,572		1,572		—
Total amortizing intangible assets						12,723		12,443		280
Total intangible assets other than goodwill					$	13,914	$	12,443	$	1,471

Goodwill and intangible assets consisted of the following at December 31, 2022:

	Gross		Accumulated Impairment			Net
	(In thousands)
Goodwill	$	62,328	$	(714	)	$	61,614

	Useful Life				Gross		Accumulated Amortization		Net
	(In years)						(In thousands)
Non-amortizing intangible assets:
Indefinite trade name						1,191				1,191
Amortizing intangible assets:
Customer related		5	-	15		9,192		9,132		60
Technology		3	-	7		1,959		1,599		360
Trade names			10			1,572		1,572		—
Total amortizing intangible assets						12,723		12,303		420
Total intangible assets other than goodwill					$	13,914	$	12,303	$	1,611

There were no changes in goodwill during the years ending December 2023, 2022 and 2021.

Aggregate amortization expense for customer related intangibles, trade names, and technology for the years ended December 31, 2023, 2022 and 2021 was $140,000, $180,000, and $320,000, respectively. Estimated future amortization expense for 2024 and 2025 is $140,000 and $140,000, respectively. No amortization expense is projected beyond 2025.