Goodwill and Other Intangibles

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

Goodwill and Other Intangibles

Goodwill

The carrying amount of goodwill at both December 31, 2020 and 2019 was $29.8 million. Accumulated impairment losses at both December 31, 2020 and 2019 were $11.6 million.

Other Intangible Assets

Components of intangible assets are as follows:

(in thousands)	As of December 31, 2020
	Gross Carrying Value		Accumulated Amortization		Net Book Value
Customer relationships	$	34,940	$	(25,117)	$	9,823
Developed technology	700		(650)		50
Trade names and trademarks	1,700		(1,254)		446
Total	$	37,340	$	(27,021)	$	10,319

(in thousands)	As of December 31, 2019
	Gross Carrying Value		Accumulated Amortization		Net Book Value
Customer relationships	$	34,940	$	(22,236)	$	12,704
Developed technology	700		(605)		95
Trade names and trademarks	1,700		(1,127)		573
Total	$	37,340	$	(23,968)	$	13,372

Estimated future amortization expense for intangible assets as of December 31, 2020 is as follows:

(in thousands)
Year Ending December 31,	Estimated Amortization
2021	$	2,535
2022	2,124
2023	1,746
2024	1,459
2025	1,219
2026 and beyond	1,236
Total	$	10,319