Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

5. Goodwill and Other Intangible Assets

There was no change to the carrying amount of goodwill of $12.1 million for fiscal years ending December 31, 2022, 2021 and 2020, respectively.

The gross amounts and accumulated amortization of identifiable intangible assets are as follows (in thousands):

	December 31, 2022				December 31, 2021
	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Amortizable intangible assets:
Customer relationships (useful life of 6-15 years)	$	19,000	$	13,664	$	19,000	$	12,756
Trademarks (useful life of 15 years)		1,500		792		1,500		692
Total	$	20,500	$	14,456	$	20,500	$	13,448

Amortization expense for intangible assets was $1.0 million for 2022 and $1.2 million in 2021 and 2020. Estimated amortization expense for the next five years is as follows (in thousands):

	Amount
2023	$	853
2024		853
2025		853
2026		853
2027		853