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INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
The following table summarizes acquired intangible assets at December 31 as follows:
 20252024
(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 11,082 
Trade Names10 years11,565 10,541 11,380 10,351 
Completed and Unpatented Technology9 years47,980 45,207 47,818 42,617 
Backlog4 years3,991 177 — — 
Customer Relationships15 years145,773 104,531 142,065 95,818 
Licensing Agreement13 years6,760 260 — — 
Total Intangible Assets13 years$229,297 $173,944 $214,491 $162,014 
Amortization is computed on the straight line method for financial reporting purposes. Amortization expense for intangibles was $11.5 million, $12.9 million and $13.9 million for 2025, 2024 and 2023, respectively.
Based upon acquired intangible assets at December 31, 2025, amortization expense for each of the next five years is estimated to be:
(In thousands) 
2026$11,206 
2027$9,498 
2028$8,711 
2029$7,161 
2030$4,406