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Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 2021
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 million as of March 31, 2021 and December 31, 2020. Intangible assets that are subject to amortization, including the related accumulated amortization, are comprised of the following:

 

 

March 31, 2021

 

 

December 31, 2020

 

 

Cost

 

 

Accumulated

amortization

 

 

Net carrying

amount

 

 

Cost

 

 

Accumulated

amortization

 

 

Net carrying

amount

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

100,962

 

 

$

(10,044

)

 

$

90,918

 

 

$

102,696

 

 

$

(7,369

)

 

$

95,327

 

Technology and other intangibles

 

6,550

 

 

 

(6,523

)

 

 

27

 

 

 

6,550

 

 

 

(6,523

)

 

 

27

 

Total

$

107,512

 

 

$

(16,567

)

 

$

90,945

 

 

$

109,246

 

 

$

(13,892

)

 

$

95,354

 

 

Amortization expense associated with identifiable intangible assets was $2.7 million and $0.7 million for the three months ended March 31, 2021 and 2020, respectively. Estimated total amortization expense associated with the Company’s intangible assets as of March 31, 2021 is $5.7 million, $6.9 million, $7.9 million, $6.7 million and $5.7 million, respectively, for each year from 2021 through 2025.