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Intangible Assets, Net
6 Months Ended
Jun. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net Intangible Assets, Net
The cost and accumulated amortization values of our intangible assets were as follows:
 
June 27, 2020
(amounts in thousands)
Cost
 
Accumulated
Amortization
 
Net
Book Value
Customer relationships and agreements
$
146,522

 
$
(58,183
)
 
$
88,339

Software
99,378

 
(21,530
)
 
77,848

Trademarks and trade names
57,579

 
(8,718
)
 
48,861

Patents, licenses and rights
44,700

 
(16,426
)
 
28,274

Total amortizable intangibles
$
348,179

 
$
(104,857
)
 
$
243,322

 
December 31, 2019
(amounts in thousands)
Cost
 
Accumulated
Amortization
 
Net
Book Value
Customer relationships and agreements
$
151,540

 
$
(57,326
)
 
$
94,214

Software
92,821

 
(18,222
)
 
74,599

Trademarks and trade names
58,088

 
(7,512
)
 
50,576

Patents, licenses and rights
45,392

 
(14,454
)
 
30,938

Total amortizable intangibles
$
347,841

 
$
(97,514
)
 
$
250,327


At June 27, 2020, we have capitalized software costs of $66.9 million related to the application development stage of our global ERP system implementation, including $10.0 million during the six months ended June 27, 2020. As of June 27, 2020, we have placed $52.0 million in service and are amortizing the cost of our global ERP system over its estimated useful life of 15 years. In March 2020, we impaired $3.4 million of capitalized software due to delays in implementation of certain ERP modules and the uncertainty of its future.
Intangible assets are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of such assets may not be recoverable. Intangible assets that become fully amortized are removed from the accounts in the period that they become fully amortized. Amortization expense was recorded as follows:
 
Three Months Ended
 
Six Months Ended
(amounts in thousands)
June 27,
2020
 
June 29,
2019
 
June 27,
2020
 
June 29,
2019
Amortization expense
$
6,644

 
$
9,130

 
$
13,247

 
$
14,793