XML 51 R35.htm IDEA: XBRL DOCUMENT v3.22.1
Goodwill, Trade Name and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in The Carrying Amount of Goodwill
Changes in the carrying amount of goodwill consisted of the following (in thousands):
 
    
Year Ended
 
    
December 31,

2021
    
December 31,

2020
 
Beginning balance
   $ 1,330,085      $ 1,330,085  
Reductions—impairment charges
     (726,798      —    
Additions – acquisitions
     5,524        —    
  
 
 
    
 
 
 
Ending balance
   $ 608,811      $ 1,330,085  
  
 
 
    
 
 
 
Schedule of Carrying Amounts of Indefinite-Lived Intangible Assets
The table below summarizes the Company’s carrying amount of trade name and other intangible assets at December 31, 2021 and December 31, 2020 (in thousands):
 
    
December 31,
2021
    
December 31,
2020
 
Gross intangible assets:
     
ATI trade name
(1)
   $ 409,360      $ 643,700  
Non-compete
agreements
     2,405        4,678  
Other intangible assets
     640        640  
Accumulated amortization:
     
Accumulated amortization –
non-compete
agreements
     (425      (4,437
Accumulated amortization – other intangible assets
     (284      (242
  
 
 
    
 
 
 
Total trade name and other intangible assets, net
   $ 411,696      $ 644,339  
  
 
 
    
 
 
 
 
(1)
 
Not subject to amortization. The Company recorded $234.3 million of impairment charges related to the trade name indefinite-lived intangible asset during year ended December 31, 2021.