Intangible Assets

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible Assets

Our definite-lived intangible assets were comprised of the following:

	December 31, 2022
	Weighted- Average Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Definite-lived intangible assets:
Trademarks/tradenames	22 years	$	11,487	$	(5,377)	$	6,110
Customer relationships	15 years	14,161		(9,109)		5,052
Technical know-how	5 years	9,790		(6,445)		3,345
Covenant not to compete	5 years	330		(217)		113
		$	35,768	$	(21,148)	$	14,620

	December 31, 2021
	Weighted- Average Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Definite-lived intangible assets:
Trademarks/tradenames	22 years	$	11,573	$	(5,043)	$	6,530
Customer relationships	15 years	14,770		(8,499)		6,271
Technical know-how	5 years	9,790		(4,487)		5,303
Covenant not to compete	5 years	330		(151)		179
		$	36,463	$	(18,180)	$	18,283

The aggregate intangible asset amortization expense was $3.4 million for the fiscal year ended December 31, 2022, 2021 and 2020. The estimated intangible asset amortization expense for each of the five succeeding fiscal years ending after December 31, 2022 is $3.4 million for the years ending December 31, 2023, $2.9 million for the year ending December 31, 2024 and $1.4 million for the years ending December 31, 2025 through 2027.