Intangible Assets

6 Months Ended

Jun. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Intangible Assets

The following table summarizes intangible assets with determinable useful lives by major category, which are included in “Other assets” on our Condensed Consolidated Balance Sheets:

	June 30, 2025						December 31, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(Dollars in thousands)
Trade names	$	22,500	$	(18,628)	$	3,872	$	22,500	$	(18,226)	$	4,274
Technology	55,300		(49,886)		5,414		55,300		(48,613)		6,687
Customer relationships	64,500		(43,184)		21,316		64,500		(41,063)		23,437
Total finite-lived intangible assets	$	142,300	$	(111,698)	$	30,602	$	142,300	$	(107,902)	$	34,398

Amortization expense for intangible assets was $1.9 million and $2.1 million for the three months ended June 30, 2025 and 2024, respectively, and $3.8 million and $4.1 million for the six months ended June 30, 2025 and 2024, respectively. Amortization expense is expected to be approximately $3.5 million for the remainder of 2025, $6.7 million in 2026, $6.1 million in 2027, $5.5 million in 2028, $4.9 million in 2029 and $2.9 million in 2030.