Quarterly report pursuant to Section 13 or 15(d)

Intangible assets, royalties and goodwill (Tables)

v3.20.2
Intangible assets, royalties and goodwill (Tables)
 9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
The Company’s intangible assets are as follows:

Dollars in thousands Estimated Useful Life September 30, 2020
Gross
Carrying
Amount		 Accumulated
Amortization		 Net Carrying
Amount
Customer relationships 7 $ 7,500  $ (848) $ 6,652 
Trade name 15 7,190  (346) 6,844 
Total intangible assets $ 14,690  $ (1,194) $ 13,496 

Dollars in thousands Estimated Useful Life December 31, 2019
Gross
Carrying
Amount		 Accumulated
Amortization		 Net Carrying
Amount
Customer relationships 7 $ 7,500  $ (35) $ 7,465 
Trade name 15 7,190  (14) 7,176 
Total intangible assets $ 14,690  $ (49) $ 14,641 
Estimated Future Amortization of Intangible Assets
The estimated future amortization of intangible assets over the weighted average remaining useful life of 10.3 is as follows:
Dollars in thousands
Remainder of 2020 $ 357 
2021 1,551 
2022 1,551 
2023 1,551 
2024 1,551 
Thereafter 6,935 
$ 13,496