Goodwill and intangible assets

3 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Information regarding the Company’s goodwill and intangible assets as of June 30, 2020 is as follows (in thousands):



	Estimated useful life	Gross carrying amount		Accumulated amortization			Net carrying amount
Customer relationships – retailers	10 years	$	77,600	$	(44,440	)	$	33,160
Customer relationships – e-commerce	3 years	3,940		(3,904		)	36
Trademarks	10 years	$	3,500	$	(117	)	$	3,383
Total finite-lived intangibles		85,040		(48,461		)	36,579
Trademarks	Indefinite	63,800		—			63,800
Goodwill		171,321		—			171,321
Total goodwill and other intangibles		$	320,161	$	(48,461	)	$	271,700

Information regarding the Company’s goodwill and intangible assets as of March 31, 2020 is as follows (in thousands):



	Estimated useful life	Gross carrying amount		Accumulated amortization			Net carrying amount
Customer relationships – retailers	10 years	$	77,600	$	(42,500	)	$	35,100
Customer relationships – e-commerce	3 years	3,940		(3,901		)	39
Trademarks	10 years	$	3,500	$	(29	)	$	3,471
Total finite-lived intangibles		85,040		(46,430		)	38,610
Trademarks	Indefinite	63,800		—			63,800
Goodwill		171,321		—			171,321
Total goodwill and other intangibles		$	320,161	$	(46,430	)	$	273,731

Information regarding the Company’s goodwill and intangible assets as of June 30, 2019 is as follows (in thousands):



	Estimated useful life	Gross carrying amount		Accumulated amortization			Net carrying amount
Customer relationships – retailers	10 years	$	68,800	$	(37,267	)	$	31,533
Customer relationships – e-commerce	3 years	3,900		(3,900		)	—
Total finite-lived intangibles		72,700		(41,167		)	31,533
Trademarks	Indefinite	63,800		—			63,800
Goodwill		157,264		—			157,264
Total goodwill and other intangibles		$	293,764	$	(41,167	)	$	252,597

Amortization expense on finite-lived intangible assets was $2.0 million and $1.7 million in the three months ended June 30, 2020 and June 30, 2019, respectively. Certain trademark assets have been classified as indefinite-lived intangible assets and accordingly, are not subject to amortization. There were no impairments of goodwill or intangible assets recorded in the three months ended June 30, 2020 and June 30, 2019.

The estimated future amortization expense related to finite-lived intangible assets, assuming no impairment as of June 30, 2020 is as follows (in thousands):



Remainder of 2021	$	6,093
2022	8,123
2023	8,122
2024	6,963
2025	1,230
Thereafter	6,048
Total	$	36,579