Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

7. Goodwill and Intangible Assets

Goodwill and intangible assets with indefinite lives were $154.8 million as of each of June 30, 2022 and December 31, 2021. Intangible assets that are subject to amortization, including the related accumulated amortization, are comprised of the following:

	June 30, 2022							December 31, 2021
	Cost		Accumulated amortization			Net carrying amount		Cost		Accumulated amortization			Net carrying amount
	(In thousands)
Customer relationships	$	128,942	$	(26,518	)	$	102,424	$	132,197	$	(19,813	)	$	112,384
Technology and other intangibles		11,430		(8,247	)		3,183		11,430		(7,437	)		3,993
Total	$	140,372	$	(34,765	)	$	105,607	$	143,627	$	(27,250	)	$	116,377

Amortization expense associated with identifiable intangible assets was $8.2 million and $6.1 million for the six months ended June 30, 2022 and 2021, respectively. Annual estimated total amortization expense is $16.5 million, $17.3 million, $15.0 million, $12.1 million and $10.4 million for 2022 through 2026.