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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in carrying amount of goodwill
(Amounts in thousands)  Total 
Balance at December 31, 2020  $64,898 
2021 Acquisitions   37,317 
Balance at June 30, 2021  $102,215 

 

Schedule of gross carrying amounts and accumulated amortization
(Amounts in thousands)  Gross
Carrying
Amount
   Accumulated
Amortization
   Net
Carrying
Amount
 
Definite-lived intangible assets:               
Trade names  $5,974   $(1,350)  $4,624 
Licenses   350    (34)   316 
Technology   39,350    (10,304)   29,046 
Customer relationships   21,201    (5,485)   15,716 
Intellectual property   3,730    (673)   3,057 
Noncompete   937    (508)   429 
Total definite-lived intangible assets at December 31, 2020  $71,542   $(18,354)  $53,188 
Trade names  $5,974   $(1,808)  $4,166 
Licenses   69    (69)   
 
Technology   39,350    (13,584)   25,766 
Customer relationships   21,201    (7,404)   13,797 
Intellectual property   7,232    (1,182)   6,050 
Noncompete   937    (742)   195 
Capitalized software   1,329    (30)   1,299 
Total definite-lived intangible assets at June 30, 2021  $76,092   $(24,819)  $51,273 

 

Schedule of intangible asset
Asset Class  Weighted-
Average
Amortization
period
 
Trade names   6.8 years 
Licenses   5.0 years 
Technology   6.0 years 
Customer relationships   5.7 years 
Intellectual property   6.5 years 
Noncompete   2.0 years 
Capitalized software   4.7 years 
All Intangible assets   6.0 years 

 

Schedule of amortization expense for intangible assets
(Amounts in thousands)  Estimated 
Remainder of 2021  $6,513 
2022   12,687 
2023   12,602 
2024   10,493 
2025   5,159 
2026   2,326 
Thereafter   1,493 
Total  $51,273