GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The changes in goodwill are as follows:

	June 30, 2022		December 31, 2021
Balance, beginning of period	$	125,401	$	62,951
Goodwill additions and measurement period adjustments	7,099		62,450
Impairment	$	(116,657)	$	—
Balance, end of period	$	15,843	$	125,401

The goodwill balance and impairment by segment are as follows:

	Retail		E-commerce		Distribution		Total
Gross carrying value December 31, 2020	$	55,180	$	2,911	$	4,860	$	62,951
Acquisitions & measurement period adjustments	47,583		8,748		6,119		62,450
Gross carrying value December 31, 2021	102,763		11,659		10,979		125,401
Acquisitions & measurement period adjustments	331		(341)		7,109		7,099
Gross carrying value June 30, 2022	$	103,094	$	11,318	$	18,088	$	132,500
Accumulated impairment losses December 31, 2020	$	—	$	—	$	—	$	—
Impairment	—		—		—		—
Accumulated impairment losses December 31, 2021	—		—		—		—
Impairment	(103,094)		(9,848)		(3,715)		(116,657)
Accumulated impairment losses June 30, 2022	$	(103,094)	$	(9,848)	$	(3,715)	$	(116,657)
Net carrying value at December 31, 2021	$	102,763	$	11,659	$	10,979	$	125,401
Net carrying value at June 30, 2022	$	—	$	1,470	$	14,373	$	15,843

Schedule of intangible assets

A summary of intangible assets is as follows:

	Weighted-Average
	Amortization Period
	of Intangible Assets
	as of June 30, 2022
	(in years)
Trade names	3.68
Patents	3.59
Customer relationships	5.00
Non-competes	2.33
Intellectual property	3.67
Total	3.90

Intangible assets consist of the following:

	June 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trade names	$	28,774	$	(7,815)	$	20,959
Patents	100		(49)		51
Customer relationships	17,102		(5,317)		11,785
Non-competes	932		(444)		489
Intellectual property	2,065		(551)		1,514
Total	$	48,973	$	(14,176)	$	34,798

	December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trade names	$	28,300	$	(4,948)	$	23,352
Patents	100		(42)		58
Customer relationships	25,175		(3,055)		22,120
Non-competes	1,384		(233)		1,151
Intellectual property	2,065		(344)		1,721
Total	$	57,024	$	(8,622)	$	48,402

Intangibles and impairment by segment are as follows:

	Retail		E-commerce		Distribution		Total
Gross carrying value December 31, 2020	$	17,635	$	—	$	3,481	$	21,116
Acquisitions & measurement period adjustments	20,190		2,501		13,217		35,908
Gross carrying value December 31, 2021	37,825		2,501		16,698		57,024
Acquisitions & measurement period adjustments	(57)		—		3,181		3,124
Gross carrying value June 30, 2022	$	37,768	$	2,501	$	19,879	$	60,148
Accumulated amortization December 31, 2020	$	(540)	$	—	$	(27)	$	(567)
Amortization	(5,745)		(354)		(1,956)		(8,055)
Accumulated amortization December 31, 2021	(6,285)		(354)		(1,983)		(8,622)
Amortization	(3,554)		(237)		(1,763)		(5,554)
Accumulated amortization June 30, 2022	$	(9,839)	$	(591)	$	(3,746)	$	(14,176)
Accumulated impairment losses December 31, 2020	$	—	$	—	$	—	$	—
Impairments	—		—		—		—
Accumulated impairment losses December 31, 2021	—		—		—		—
Impairments	(11,079)		(95)		—		(11,174)
Accumulated impairment losses June 30, 2022	$	(11,079)	$	(95)	$	—	$	(11,174)
Net carrying value at December 31, 2021	$	31,540	$	2,147	$	14,715	$	48,402
Net carrying value at June 30, 2022	$	16,850	$	1,815	$	16,133	$	34,798

Schedule of future amortization expense

Amortization expense for the three and six months ended June 30, 2022 was $2.8 million and $5.6 million. Amortization expense for the three and six months ended June 30, 2021 was $2.1 million and $3.5 million.

Future amortization expense is as follows:
2022, remainder	$	4,383
2023	8,785
2024	8,668
2025	8,295
2026	3,532
Thereafter	1,135
Total	$	34,798