Other Intangible Assets

12 Months Ended

Dec. 31, 2021

Other Intangible Assets

Other Intangible Assets

8. Other Intangible Assets

The following is a summary of the Company’s other intangible assets:

		Gross	Less		Net
		Carrying	Accumulated		Carrying
		Amount	Amortization		Amount
December 31, 2021
Indefinite-lived intangibles:
Trademark and tradenames	$	77,600	$	-	$	77,600
Amortizable intangibles:
Dealer network		80,000		71,000		9,000
Customer relationships		80,920		32,366		48,554
Patents		21,136		15,739		5,397
Noncompete agreements		8,640		8,640		-
Trademarks		5,459		3,901		1,558
Amortizable intangibles, net		196,155		131,646		64,509
Total	$	273,755	$	131,646	$	142,109
		Gross	Less		Net
		Carrying	Accumulated		Carrying
		Amount	Amortization		Amount
December 31, 2020
Indefinite-lived intangibles:
Trademark and tradenames	$	77,600	$	-	$	77,600
Amortizable intangibles:
Dealer network		80,000		67,000		13,000
Customer relationships		80,920		27,196		53,724
Patents		21,136		14,484		6,652
Noncompete agreements		8,640		8,477		163
Trademarks		5,459		3,807		1,652
Amortizable intangibles, net		196,155		120,964		75,191
Total	$	273,755	$	120,964	$	152,791

Amortization expense for intangible assets was $10,682, $10,931 and $10,956 for the years ended December 31, 2021, 2020 and 2019, respectively. Estimated amortization expense for the next five years is as follows:

2022	$	10,520
2023		10,520
2024		7,520
2025		6,075
2026		5,450

The weighted average remaining life for intangible assets is 8.2 years at December 31, 2021.