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Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

6. Goodwill and Intangible Assets

Goodwill and intangible assets with indefinite lives was $147.4 million and  $146.9 million as of March 31, 2020 and December 31, 2019, respectively. Intangible assets that are subject to amortization, including the related accumulated amortization, are comprised of the following:

 

 

March 31, 2020

 

 

December 31, 2019

 

 

Cost

 

 

Accumulated

amortization

 

 

Net carrying

amount

 

 

Cost

 

 

Accumulated

amortization

 

 

Net carrying

amount

 

 

(In thousands)

 

Technology

$

5,770

 

 

$

(5,770

)

 

$

 

 

$

5,770

 

 

$

(5,770

)

 

$

 

Customer relationships

 

64,318

 

 

 

(4,115

)

 

 

60,203

 

 

 

64,332

 

 

 

(3,451

)

 

 

60,881

 

Non-competition agreements

 

380

 

 

 

(380

)

 

 

 

 

 

380

 

 

 

(380

)

 

 

 

Tradenames

 

490

 

 

 

(408

)

 

 

82

 

 

 

490

 

 

 

(385

)

 

 

105

 

Total

$

70,958

 

 

$

(10,673

)

 

$

60,285

 

 

$

70,972

 

 

$

(9,986

)

 

$

60,986

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense associated with identifiable intangible assets was $0.7 million and $0.1 million for the three months ended March 31, 2020 and 2019, respectively. Estimated total amortization expense is $3.3 million, $5.7 million, $6.9 million, $7.9 million and $6.7 million, respectively, for each year from 2020 through 2024.