XML 41 R12.htm IDEA: XBRL DOCUMENT v3.22.0.1
Intangible Assets
 12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Our definite-lived intangible assets were comprised of the following:
December 31, 2021
Weighted-
Average
Amortization
Period		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Definite-lived intangible assets:
Trademarks/tradenames22 years$11,573 $(5,043)$6,530 
Customer relationships15 years14,770 (8,499)6,271 
Technical know-how5 years9,790 (4,487)5,303 
Covenant not to compete5 years330 (151)179 
$36,463 $(18,180)$18,283 
December 31, 2020
Weighted-
Average
Amortization
Period		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Definite-lived intangible assets:
Trademarks/tradenames22 years$11,634 $(4,681)$6,953 
Customer relationships15 years14,881 (7,536)7,345 
Technical know-how5 years9,790 (2,529)7,261 
Covenant not to compete5 years330 (85)245 
$36,635 $(14,831)$21,804 
The aggregate intangible asset amortization expense was $3.4 million for the fiscal year ended December 31, 2021 and $3.4 million and $2.0 million for the fiscal years ended December 31, 2020 and 2019 respectively. The estimated intangible asset amortization expense for each of the five succeeding fiscal years ending after December 31, 2021 is $3.4 million for the years ending December 31, 2022 and 2023, $2.9 million for the year ending December 31, 2024 and $1.4 million for the years ending December 31, 2025 and 2026.