Quarterly report pursuant to Section 13 or 15(d)

Goodwill and intangible assets (Tables)

v3.22.1
Goodwill and intangible assets (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
The Company’s intangible assets (in thousands) and related useful lives (in years) are as follows:
March 31, 2022 December 31, 2021
Estimated useful life Gross
carrying
amount
Accumulated
amortization
Net carrying
amount
Accumulated
amortization
Net carrying
amount
Customer relationships 7 $ 7,190  $ (2,344) $ 4,846  $ (2,088) $ 5,102 
Trade name 15 7,500  (1,141) 6,359  (1,016) 6,484 
Total intangible assets $ 14,690  $ (3,485) $ 11,205  $ (3,104) $ 11,586 
Schedule of future amortization of intangible assets
The estimated future amortization of intangible assets over the remaining weighted average useful life of 9.3 years is as follows (in thousands):
Remainder of 2022 $ 1,145 
2023 1,527 
2024 1,527 
2025 1,527 
2026 1,494 
Thereafter 3,985 
$ 11,205