OTHER INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2022

OTHER INTANGIBLE ASSETS.

OTHER INTANGIBLE ASSETS

NOTE 7—OTHER INTANGIBLE ASSETS

The components of other intangible assets, net as of September 30, 2022 and December 31, 2021 are as follows:

	As of September 30, 2022						As of December 31, 2021
	Gross		Accumulated		Net		Gross		Accumulated		Net
	Value		Amortization		Value		Value		Amortization		Value
	(in thousands)						(in thousands)
Definite-lived
Customer relationships	$	116,554	$	(45,172)	$	71,382	$	116,554	$	(38,371)	$	78,183
Patents and other intellectual property		12,772		(5,354)		7,418		12,772		(4,313)		8,459
Other		7,234		(6,970)		264		7,234		(6,795)		439
Total definite-lived		136,560		(57,496)		79,064		136,560		(49,479)		87,081
Indefinite-lived
Water rights		7,031		—		7,031		7,031		—		7,031
Trademarks		14,360		—		14,360		14,360		—		14,360
Total indefinite-lived		21,391		—		21,391		21,391		—		21,391
Total other intangible assets, net	$	157,951	$	(57,496)	$	100,455	$	157,951	$	(49,479)	$	108,472

The weighted-average amortization period for customer relationships, patents and other intellectual property, and other definite-lived assets was 8.0 years, 5.7 years, and 1.9 years, respectively, as of September 30, 2022. See “Note 6—Property and Equipment” for the amortization expense during the Current Quarter, Prior Quarter, Current Period and Prior Period, respectively. The indefinite-lived water rights and trademarks are generally subject to renewal every five to ten years at immaterial renewal costs. Annual amortization of intangible assets for the next five years and beyond is as follows:

	Amount
	(in thousands)
Remainder of 2022	$	2,648
Year ending December 31, 2023		10,594
Year ending December 31, 2024		10,525
Year ending December 31, 2025		10,362
Year ending December 31, 2026		10,274
Thereafter		34,661
Total	$	79,064