XML 42 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets [Abstract]  
Net Carrying Amount of Goodwill
The table below reflects the net carrying amount of goodwill from January 1, 2020 to September 30, 2020 for each reporting segment:

(in thousands)
  
Performance
  
NITC
  
Total
 
Balance at January 1, 2020
 
$
4,908
  
$
8,431
  
$
13,339
 
Balance at September 30, 2020
 
$
4,908
  
$
8,431
  
$
13,339
 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Changes in the gross carrying amount, accumulated amortization and impairment of definite-lived intangible assets were as follows:

(in thousands)
 
As of September 30, 2020
 
  
Gross Carrying Amount
  
Accumulated Amortization
  
Impact of Impairment
  
Net
 
Amortized intangible assets:
            
Customer relationships
 
$
11,730
  
$
(5,207
)
 
$
(3,102
)
 
$
3,421
 
Trade names
  
2,467
   
(952
)
  
(778
)
  
737
 
Developed technology
  
471
   
(471
)
  
-
   
-
 
Non-contractual customer relationships
  
433
   
(433
)
  
-
   
-
 
Noncompete agreements
  
949
   
(313
)
  
(422
)
  
214
 
Alliance agreements
  
527
   
(250
)
  
-
   
277
 
Others
  
167
   
(167
)
  
-
   
-
 
Total
 
$
16,744
  
$
(7,793
)
 
$
(4,302
)
 
$
4,649
 

(in thousands)
 
As of December 31, 2019
 
  
Gross Carrying Amount
  
Accumulated Amortization
  
Net
 
Amortized intangible assets:
         
Customer relationships
 
$
11,730
  
$
(4,079
)
 
$
7,651
 
Trade names
  
2,467
   
(727
)
  
1,740
 
Developed technology
  
471
   
(471
)
  
-
 
Non-contractual customer relationships
  
433
   
(433
)
  
-
 
Noncompete agreements
  
949
   
(217
)
  
732
 
Alliance agreements
  
527
   
(171
)
  
356
 
Others
  
167
   
(167
)
  
-
 
Total
 
$
16,744
  
$
(6,265
)
 
$
10,479
 
Finite-Lived Intangible Assets, Future Amortization Expense
Amortization expense related to definite-lived intangible assets totaled $0.4 million and $0.6 million for the three months ended September 30, 2020 and 2019. Amortization expense totaled $1.5 million and $1.8 million for the nine months ended September 30, 2020 and 2019, respectively. The following table shows the estimated amortization expense of our definite-lived intangible assets for the next five years and thereafter:
(in thousands)
   
Years ended December 31:
   
2020 (remainder)
 
$
415
 
2021
  
1,213
 
2022
  
911
 
2023
  
640
 
2024
  
435
 
and thereafter
  
1,035
 
Total
 
$
4,649