Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Note 5. Goodwill and Intangible Assets

Goodwill and intangible assets, which are related to our acquisition of our Prell^® and Denorex^® brands, consisted of the following:

	As of March 31, 2019						As of December 31, 2018
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Intangible assets:
Customer relationships	$	4,022	$	1,106	$	2,916	$	4,022	$	1,005	$	3,017
Trade names		2,362		433		1,929		2,362		393		1,969
Formulas and batching processes		669		153		516		669		140		529
Non-compete agreement		26		14		12		26		13		13
		7,079		1,706		5,373		7,079		1,551		5,528
Goodwill						1,521						1,521
Total intangible assets					$	6,894					$	7,049

Amortization expense for the three months ended March 31, 2019 and 2018 was $155, respectively.

Estimated amortization expense for 2019 and subsequent years is as follows:

2019 (remaining)	$	465
2020		620
2021		618
2022		616
2023		616
Thereafter		2,438
Total	$	5,373