Goodwill and Other Intangible Assets - Net

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS - Net

GOODWILL AND OTHER INTANGIBLE ASSETS—Net

Goodwill

As of June 30, 2020 and December 31, 2019, we had goodwill of $67.2 million. There were no impairments to goodwill during the six months ended June 30, 2020 or during prior periods.

Other Intangible Assets—Net

The following tables present other intangible assets—net as of June 30, 2020 and December 31, 2019 (in millions, except years):

	June 30, 2020
	Weighted-Average Useful Life (in Years)	Gross		Accumulated Amortization		Net
Other intangible assets—net:
Finite-lived intangible assets:
Developed technologies	4.0	$	48.8	$	28.2	$	20.6
Customer relationships	4.1	21.6		18.8		2.8
Total other intangible assets—net		$	70.4	$	47.0	$	23.4

	December 31, 2019
	Weighted-Average Useful Life (in Years)	Gross		Accumulated Amortization		Net
Other intangible assets—net:
Finite-lived intangible assets:
Developed technologies	4.0	$	50.2	$	24.6	$	25.6
Customer relationships	4.1	21.6		16.1		5.5
Total other intangible assets—net		$	71.8	$	40.7	$	31.1

Amortization expense was $3.7 million and $2.9 million during the three months ended June 30, 2020 and June 30, 2019, respectively. Amortization expense was $7.7 million and $5.9 million during the six months ended June 30, 2020 and June 30, 2019, respectively.

The following table summarizes estimated future amortization expense of finite-lived intangible assets—net (in millions):

	Amount
Years:
2020 (the remainder of 2020)	$	5.0
2021	8.3
2022	6.4
2023	3.7
Total	$	23.4