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Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

7. Goodwill and Intangible Assets

 

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

 

 

December 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

 

102,696

 

 

 

(7,369

)

 

 

95,327

 

 

 

64,332

 

 

 

(3,451

)

 

 

60,881

 

Non-competition agreements

 

380

 

 

 

(380

)

 

 

 

 

 

380

 

 

 

(380

)

 

 

 

Tradenames and patents

 

400

 

 

 

(373

)

 

 

27

 

 

 

490

 

 

 

(385

)

 

 

105

 

Total

$

109,246

 

 

$

(13,892

)

 

$

95,354

 

 

$

70,972

 

 

$

(9,986

)

 

$

60,986

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense associated with identifiable intangible assets was $3.9 million, $0.8 million and $0.4 million for the years ended December 31, 2020, 2019 and 2018, respectively. Annual estimated total amortization expense is $5.7 million, $6.9 million, $7.9 million, $6.7 million and $5.7 million for 2021 through 2025.