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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

Intangible assets consist of the following, which includes the intangible assets from the Design Space and Kitchens To Go acquisitions that were completed during the three months ended June 30, 2021. These acquisitions are discussed more fully below in Note 7. Acquisitions:

 

(dollar amounts in thousands)

 

Estimated

useful life

in years

 

Average remaining life in years

 

Cost

 

 

Accumulated amortization

 

 

Net book value

 

June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

8 to 11

 

7.8

 

$

50,244

 

 

$

(10,459

)

 

$

39,785

 

Non-compete agreements

 

5

 

4.7

 

 

3,257

 

 

 

(174

)

 

$

3,083

 

Customer backlog

 

0.5

 

0.3

 

 

1,900

 

 

 

(633

)

 

$

1,267

 

Trade name

 

8

 

7.8

 

 

1,200

 

 

 

(37

)

 

$

1,163

 

   Total amortizing

 

 

 

 

 

 

56,601

 

 

 

(11,303

)

 

 

45,298

 

Trade name - non-amortizing

 

Indefinite

 

 

 

 

5,871

 

 

 

 

 

$

5,871

 

   Total

 

 

 

 

 

$

62,472

 

 

$

(11,303

)

 

$

51,169

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

11

 

6.8

 

$

10,644

 

 

$

(9,510

)

 

$

1,134

 

Non-compete agreements

 

5

 

3.6

 

 

157

 

 

 

(44

)

 

$

113

 

   Total amortizing

 

 

 

 

 

 

10,801

 

 

 

(9,554

)

 

 

1,247

 

Trade name - non-amortizing

 

Indefinite

 

 

 

 

5,871

 

 

 

 

 

$

5,871

 

   Total

 

 

 

 

 

$

16,672

 

 

$

(9,554

)

 

$

7,118