Goodwill and Other Intangible Assets, net

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets, net

(5) Goodwill and Other Intangible Assets, net

(a)Goodwill

Following the sale of the miraDry business, the Company has one reporting unit, Plastic Surgery, formerly known as Breast Products. The Company evaluates goodwill for impairment at least annually on October 1st and whenever circumstances suggest that goodwill may be impaired.

In the current year, the Company performed a qualitative analysis for goodwill on the annual impairment testing date of October 1, 2021. The Company determined the fair value of the reporting unit was more likely than not greater than its carrying value and did not record any goodwill impairment charges.

The changes in the carrying amount of goodwill during the years ended December 31, 2021 and 2020 were as follows (in thousands):

	Plastic Surgery
Balances as of December 31, 2019	$	23,480
Accumulated impairment losses		(14,278	)
Goodwill acquired		—
Balances as of December 31, 2020	$	9,202
Goodwill acquired		—
Balances as of December 31, 2021	$	9,202

(b)Other Intangible Assets

In the current year, the Company performed a qualitative analysis on the annual impairment testing date of October 1, 2021. The Company determined the fair value of the intangible assets was more likely than not greater than its carrying value and did not record any impairment charges.

The components of the Company’s other intangible assets consist of the following definite-lived and indefinite-lived assets (in thousands):

	Average
	Amortization		December 31, 2021
	Period		Gross Carrying		Accumulated			Intangible
	(in years)		Amount		Amortization			Assets, net
Intangibles with definite lives
Customer relationships		10	$	4,940	$	(4,224	)	$	716
Trade names - finite life		12		800		(389	)		411
Manufacturing know-how		19		8,240		(1,652	)		6,588
Developed technology		8		20,600		—			20,600
Total definite-lived intangible assets			$	37,043	$	(8,728	)	$	28,315
Intangibles with indefinite lives
Trade names - indefinite life	—			450		—			450
Total indefinite-lived intangible assets			$	450	$	—		$	450

	Average
	Amortization		December 31, 2020
	Period		Gross Carrying		Accumulated			Intangible
	(in years)		Amount		Amortization			Assets, net
Intangibles with definite lives
Customer relationships		10	$	4,940	$	(3,856	)	$	1,084
Trade names - finite life		12		800		(322	)		478
Manufacturing know-how		19		8,240		(865	)		7,375
Total definite-lived intangible assets			$	16,443	$	(7,506	)	$	8,937
Intangibles with indefinite lives
Trade names - indefinite life	—			450		—			450
Total indefinite-lived intangible assets			$	450	$	—		$	450

Amortization expense for the year ended December 31, 2021, 2020 and 2019 was $1.2 million, $1.3 million and $0.9 million, respectively. The following table summarizes the estimated amortization expense relating to the Company's intangible assets as of December 31, 2021 (in thousands):

	Amortization
Period	Expense
2022	$	3,738
2023		3,667
2024		3,523
2025		3,380
2026		3,206
Thereafter		10,801
	$	28,315