Note 5 - Other Intangibles

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

5. Other Intangibles

Other intangibles consisted of the following:

	December 31, 2024						December 31, 2023
	Gross				Net		Gross				Net
	Carrying		Accumulated		Carrying		Carrying		Accumulated		Carrying
	Value		Amortization		Value		Value		Amortization		Value
	(in thousands)
Product technology and intellectual property	$	29,549	$	18,709	$	10,840	$	29,549	$	16,048	$	13,501
Trademarks, tradenames and licenses		3,767		2,261		1,506		3,767		1,909		1,858
Customer relationships		37,171		13,709		23,462		37,171		11,064		26,107
Other intangible assets		1,536		1,525		11		1,643		1,398		245
Total identifiable intangible assets	$	72,023	$	36,204	$	35,819	$	72,130	$	30,419	$	41,711

The Company is amortizing these assets over useful lives ranging from 2 to 16 years. The weighted-average amortization period for these intangibles as of December 31, 2024, is 8.5 years. The Company includes amortization expense in general and administrative expense as follows:

	Year ended December 31,
	2024		2023		2022
			(in thousands)
Amortization expense	$	5,785	$	6,092	$	6,183

Estimated amortization expense for each of the next five fiscal years, based upon the intangible assets at December 31, 2024, is as follows:

	Year ended December 31,
	2025		2026		2027		2028		2029
	(in thousands)
Amortization expense	$	5,566	$	5,119	$	4,842	$	4,456	$	4,423