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Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

7. Goodwill and Intangible Assets

Goodwill and intangible assets with indefinite lives was $154.8 million and $147.4 million as of September 30, 2021 and December 31, 2020, respectively. Intangible assets that are subject to amortization, including the related accumulated amortization, are comprised of the following:

 

 

September 30, 2021

 

 

December 31, 2020

 

 

Cost

 

 

Accumulated
amortization

 

 

Net carrying
amount

 

 

Cost

 

 

Accumulated
amortization

 

 

Net carrying
amount

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

132,094

 

 

$

(16,570

)

 

$

115,524

 

 

$

102,696

 

 

$

(7,369

)

 

$

95,327

 

Technology and other intangibles

 

11,430

 

 

 

(7,157

)

 

 

4,273

 

 

 

6,550

 

 

 

(6,523

)

 

 

27

 

Total

$

143,524

 

 

$

(23,727

)

 

$

119,797

 

 

$

109,246

 

 

$

(13,892

)

 

$

95,354

 

 

Amortization expense associated with identifiable intangible assets was $9.8 million and $2.0 million for the nine months ended September 30, 2021 and 2020, respectively. Annual estimated total amortization expense is $13.3 million, $17.1 million, $17.5 million, $15.4 million and $12.3 million, respectively, for 2021 through 2025.