XML 57 R15.htm IDEA: XBRL DOCUMENT v3.20.1
Other Intangible Assets
3 Months Ended
Mar. 31, 2020
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Other Intangible Assets
Note 8—Other Intangible Assets

The Company’s other intangible assets consist of customer relationships which were obtained through acquisitions and are recorded at their fair values at the date of acquisition. Intangible assets with determinable lives are amortized on a straight-line basis over their estimated useful lives. The customer relationships have a weighted-average amortization period of approximately 10 years.

The following table sets forth the estimated amortization expense for intangibles subject to amortization for the remainder of 2020, the following five fiscal years and thereafter:

Period/YearTotal Amortization Expense
(in thousands)
April 1 to December 31, 2020$3,124  
2021$4,165  
2022$4,165  
2023$3,169  
2024$2,035  
2025$2,035  
Thereafter$2,618  

Amortization expense for the three months ended March 31, 2020 and 2019 was $1.0 million and $1.1 million, respectively.