Intangible Assets, Net

6 Months Ended

Jun. 30, 2020

Intangible Assets, Net

Intangible Assets, Net

Note 5. Intangible Assets, Net

Intangible assets, net consist of the following (in thousands):

								Weighted
								Average
	Useful			Accumulated		Net Carrying		Remaining
	Life	Gross Value		Amortization		Value		Useful Life
June 30, 2020
Client relationships	2 to 20 years	$	235,906	$	(72,523)	$	163,383	12.8
Non-compete agreements	1.5 to 5 years		4,960		(4,508)		452	0.9
Trademarks	3 to 15 years		42,319		(8,524)		33,795	12.2
Patents	3 years		200		(200)		0	0
Internal-use software and other	3 to 5 years		42,546		(26,702)		15,844	2.6
Intangible assets, net		$	325,931	$	(112,457)	$	213,474	11.4
December 31, 2019
Client relationships	2 to 20 years	$	237,182	$	(60,647)	$	176,535	13.1
Non-compete agreements	1.5 to 5 years		4,958		(4,260)		698	1.4
Trademarks	3 to 15 years		42,606		(7,143)		35,463	12.9
Patents	3 years		200		(200)		0	0
Internal-use software and other	3 to 5 years		34,850		(22,093)		12,757	2.3
Intangible assets, net		$	319,796	$	(94,343)	$	225,453	12.4

Amortization expense for intangible assets was $9.0 million and $9.0 million for the quarters ended June 30, 2020 and 2019, respectively. Amortization expense for intangible assets was $17.9 million and $17.7 million for the six months ended June 30, 2020 and 2019, respectively.