Goodwill and Other Intangible Assets, Net

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets, Net

Goodwill and Other Intangible Assets, Net

The change in the carrying amount of goodwill for the nine months ended September 30, 2020 was as follows:

	(in millions)
Goodwill at December 31, 2019	$	39.8
Foreign currency translation	(0.1)
Goodwill at September 30, 2020	$	39.7

The gross carrying amount, accumulated amortization and net book value of intangible assets at the end of each period were as follows:

	September 30, 2020						December 31, 2019
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Gross Carrying Amount		Accumulated Amortization		Net Book Value
Customer relationships (1)	$	9.8	$	(3.4)	$	6.4	$	9.9	$	(2.8)	$	7.1
Internal-use software	11.3		(8.2)		3.1		12.0		(6.8)		5.2
Intellectual property	1.0		(0.1)		0.9		1.0		(0.1)		0.9
Total	$	22.1	$	(11.7)	$	10.4	$	22.9	$	(9.7)	$	13.2

(1) Includes customer relationships acquired from the Company’s former European distributor. See Note 9.

Amortization expense for intangible assets was $0.7 million for both the three months ended September 30, 2020 and 2019. Amortization expense for intangible assets was $2.2 million and $1.9 million for the nine months ended September 30, 2020, and 2019, respectively. Amortization expense associated with intangible assets included on the Company’s consolidated balance sheet as of September 30, 2020 is expected to be as follows:

Years Ending December 31,	(in millions)
2020 (remaining)	$	0.7
2021	2.2
2022	1.7
2023	1.2
2024	1.1
Thereafter	3.5
Total	$	10.4