Goodwill and Other Intangibles

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

Goodwill and Other Intangibles

Goodwill

The carrying amount of goodwill at both December 31, 2022 and 2021 was $29.8 million.

Other Intangible Assets

Components of intangible assets are as follows:

(in thousands)	As of December 31, 2022
	Gross Carrying Value		Accumulated Amortization		Net Book Value
Customer relationships	$	34,940	$	(29,527)	$	5,413
Developed technology	700		(700)		—
Trade names and trademarks	1,700		(1,453)		247
Total	$	37,340	$	(31,680)	$	5,660

(in thousands)	As of December 31, 2021
	Gross Carrying Value		Accumulated Amortization		Net Book Value
Customer relationships	$	34,940	$	(27,514)	$	7,426
Developed technology	700		(680)		20
Trade names and trademarks	1,700		(1,362)		338
Total	$	37,340	$	(29,556)	$	7,784

Estimated future amortization expense for intangible assets as of December 31, 2022 is as follows:

(in thousands)
Year Ending December 31,	Estimated Amortization
2023	$	1,746
2024	1,459
2025	1,219
2026	997
2027	230
2028 and beyond	9
Total	$	5,660