XML 41 R31.htm IDEA: XBRL DOCUMENT v3.22.2
INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2022
INTANGIBLE ASSETS  
Schedule of intangible assets

Intangible assets on the Company’s condensed consolidated balance sheets consist of the following (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2022

​

December 31, 2021

​

    

​

    

Gross

    

Accumulated

    

Net Book

    

Gross

    

Accumulated

    

Net Book

​

​

Life

​

Amount

​

Amortization

​

Value

​

Amount

​

Amortization

​

Value

Customer lists

 

5-18 years

​

$

112,875

​

$

(30,446)

​

$

82,429

​

$

94,079

​

$

(27,639)

​

$

66,440

Trade name

 

10 - 19 years

​

 

15,287

​

 

(6,347)

​

 

8,940

​

 

14,649

​

 

(5,927)

​

 

8,722

Design and technologies

 

10 - 15 years

​

 

41,312

​

 

(6,738)

​

 

34,574

​

 

34,241

​

 

(5,617)

​

 

28,624

Total

​

​

​

$

169,474

​

$

(43,531)

​

$

125,943

​

$

142,969

​

$

(39,183)

​

$

103,786

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Schedule of estimated amortization expense for intangible assets

Estimated future intangible asset amortization expense as of June 30, 2022 is as follows (in thousands):

​

​

​

​

​

​

Estimated

​

    

Amortization Expense

Remainder of 2022

​

$

6,133

2023

​

 

12,269

2024

​

 

11,944

2025

​

​

11,928

2026

​

 

11,831

2027

​

​

11,388

Thereafter

​

 

60,450

Total estimated amortization expense

​

$

125,943

​

​

​

​