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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of Printronix's goodwill consisted of the following:
Years Ended December 31,
20232022
(In thousands)
Beginning balance$7,541 $7,470 
Acquisition of business— — 
Tax adjustment— 71 
Impairment losses— — 
Ending balance$7,541 $7,541 
Changes in the carrying amount of Benchmark's goodwill consisted of the following:
Years Ended December 31, 2023
(In thousands)
Beginning balance$— 
Acquisition of business1,449 
Impairment losses— 
Ending balance$1,449 
Schedule of Finite-Lived Intangible Assets
Other intangible assets, net consisted of the following:
December 31, 2023
Weighted Average Amortization PeriodGross Carrying AmountAccumulated AmortizationNet Book Value
(In thousands)
Patents:
Intellectual property operations6 years$341,403 $(316,114)$25,289 
Industrial operations7 years3,400 (1,083)2,317 
Total patents344,803 (317,197)27,606 
Customer relationships - industrial operations7 years5,300 (1,689)3,611 
Trade name and trademarks - industrial operations7 years3,430 (1,091)2,339 
Total$353,533 $(319,977)$33,556 
December 31, 2022
Weighted Average Amortization PeriodGross Carrying AmountAccumulated AmortizationNet Book Value
(In thousands)
Patents:
Intellectual property operations6 years$331,403 $(304,744)$26,659 
Industrial operations7 years3,400 (597)2,803 
Total patents334,803 (305,341)29,462 
Customer relationships - industrial operations7 years5,300 (931)4,369 
Trade name and trademarks - industrial operations7 years3,430 (603)2,827 
Total$343,533 $(306,875)$36,658 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table presents the scheduled annual aggregate amortization expense (in thousands):
Years Ending December 31,
202414,830 
202512,485 
20263,173 
20271,733 
20281,335 
Thereafter— 
Total$33,556