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Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2021
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, 2021, 2020 and 2019, respectively.  

 

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

 

 

 

December 31, 2021

 

 

December 31, 2020

 

 

 

Gross Amount

 

 

Accumulated Amortization

 

 

Gross Amount

 

 

Accumulated Amortization

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships (useful life of 6-15 years)

 

$

19,000

 

 

$

12,756

 

 

$

19,000

 

 

$

11,692

 

Trademarks (useful life of 15 years)

 

 

1,500

 

 

 

692

 

 

 

1,500

 

 

 

592

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

20,500

 

 

$

13,448

 

 

$

20,500

 

 

$

12,284

 

 

Amortization expense for intangible assets was $1.2 million for 2021, 2020 and 2019. Estimated amortization expense for the next five years is as follows (in thousands):

 

 

 

 

 

 

 

 

 

Amount

 

2022

 

 

 

 

 

 

 

$

1,008

 

2023

 

 

 

 

 

 

 

 

853

 

2024

 

 

 

 

 

 

 

 

853

 

2025

 

 

 

 

 

 

 

 

853

 

2026

 

 

 

 

 

 

 

 

853