INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

INTANGIBLE ASSETS

Intangible assets and related accumulated amortization were as follows:

	June 30, 2024						December 31, 2023
(In thousands)	Gross Carrying Amount		Accumulated Amortization		Net Asset Value		Gross Carrying Amount		Accumulated Amortization		Net Asset Value
Amortizable intangible assets:
Manufacturer relationships	$	71,849	$	30,565	$	41,284	$	71,849	$	26,968	$	44,881
Customer relationships	10,395		5,342		5,053		10,395		4,893		5,502
Non-compete agreements	230		190		40		230		167		63
	82,474		36,097		46,377		82,474		32,028		50,446
Non-amortizable intangible assets:
Trade names and trademarks	30,100		—		30,100		30,100		—		30,100
Total	$	112,574	$	36,097	$	76,477	$	112,574	$	32,028	$	80,546

Amortization expense related to intangible assets was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2024		2023		2024		2023
Amortization expense	$	1,799	$	1,834	$	4,070	$	3,667

Future amortization of intangible assets is as follows:

(In thousands)
Remainder of 2024	$	4,069
2025	7,499
2026	6,821
2027	6,510
2028	6,434
Thereafter	15,044
Total	$	46,377