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INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
The following table summarizes acquired intangible assets at December 31 as follows:
 20242023
(In thousands)
Weighted
Average Life
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Patents11 years$2,146 $2,146 $2,146 $2,146 
Non-compete Agreement4 years11,082 11,082 11,082 11,072 
Trade Names10 years11,380 10,351 11,426 9,973 
Completed and Unpatented Technology9 years47,818 42,617 47,896 38,961 
Customer Relationships15 years142,065 95,818 142,208 87,186 
Total Intangible Assets13 years$214,491 $162,014 $214,758 $149,338 
Amortization is computed on the straight line method for financial reporting purposes. Amortization expense for intangibles was $12.9 million, $13.9 million and $14.9 million for 2024, 2023 and 2022, respectively.
Based upon acquired intangible assets at December 31, 2024, amortization expense for each of the next five years is estimated to be:
(In thousands) 
2025$10,935 
2026$9,533 
2027$7,825 
2028$7,037 
2029$5,664