Note 8 - Intangible Assets

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

8. Intangible Assets

The gross amount of the customer relationships was

$21.7

million as of

December 

31,

2018

and

2017,

respectively. As a result of the acquisition in

2017,

the Company recorded a customer relationship asset in the amount of

$2.5

million. The Company recognized

$1.8

million,

$1.6

million and

$1.3

million of amortization expense in

2018,

2017

and

2016

and accumulated amortization was

$16.1

million and

$14.3

million as of

December 

31,

2018

and

2017,

respectively. The weighted average remaining useful life for the customer relationships was

4.0

and

4.8

years at

December 

31,

2018

and

2017,

respectively.

The gross carrying value of the indefinite lived trade names was

$23.3

million as of

December 

31,

2018

and

2017,

respectively.

Scheduled amortization expense related to customer relationships for future years is as follows (in thousands):

	Customer
	Relationship
2019		1,694
2020		1,679
2021		1,393
2022		345
2023		345
Thereafter		115
	$	5,571