Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets [Abstract]

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The following table shows the gross carrying amount and accumulated amortization of definite-lived intangible assets:

(in thousands)	As of December 31, 2021
	Gross Carrying Amount		Accumulated Amortization			Net
Amortized intangible assets:
Customer relationships	$	8,628	$	(6,432	)	$	2,196
Trade names		1,689		(1,108	)		581
Developed technology		471		(471	)		-
Non-contractual customer relationships		433		(433	)		-
Noncompete agreement		527		(429	)		98
Alliance agreement		527		(382	)		145
Others		167		(167	)		-
Total	$	12,442	$	(9,422	)	$	3,020

(in thousands)	As of December 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Impact of Impairment			Net
Amortized intangible assets:
Customer relationships	$	11,730	$	(5,504	)	$	(3,102	)	$	3,124
Trade names		2,467		(1,020	)		(778	)		669
Developed technology		471		(471	)		-			-
Non-contractual customer relationships		433		(433	)		-			-
Noncompete agreement		949		(336	)		(422	)		191
Alliance agreement		527		(277	)		-			250
Others		167		(167	)		-			-
Total	$	16,744	$	(8,208	)	$	(4,302	)	$	4,234

Finite-Lived Intangible Assets, Future Amortization Expense

Amortization expense related to definite-lived intangible assets totaled 1.2 million and $1.9 million for the years ended December 31, 2021 and 2020, respectively. The following table shows the estimated amortization expense of the definite-lived intangible assets for the next five years:

(in thousands)
Years ended December 31:
2022	$	910
2023		640
2024		435
2025		334
2026		266
Thereafter		435
	$	3,020

Net Carrying Amount of Goodwill

There were no changes in goodwill during 2019 to 2020 and 2020 to 2021:

(in thousands)

	Goodwill		Impairment			Net
Performance Improvement Solutions	$	8,278	$	(3,370	)	$	4,908
Workforce Solutions		8,431		-			8,431
Net book value at December 31, 2021	$	16,709	$	(3,370	)	$	13,339