Annual report pursuant to Section 13 and 15(d)

Goodwill and intangible assets (Tables)

v3.22.1
Goodwill and intangible assets (Tables)
12 Months Ended
Dec. 31, 2021
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:
December 31, 2021 December 31, 2020
Estimated Useful Life Gross
Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Customer relationships 7 $ 7,190  $ (2,088) $ 5,102  $ (1,059) $ 6,131 
Trade name 15 7,500  (1,016) 6,484  (516) 6,984 
Total intangible assets $ 14,690  $ (3,104) $ 11,586  $ (1,575) $ 13,115 
Schedule of future amortization of intangible assets
The estimated future amortization of intangible assets over the remaining weighted average useful life of 9.4 years is as follows (in thousands):
2022 $ 1,527 
2023 1,527 
2024 1,527 
2025 1,527 
2026 1,494 
Thereafter 3,984 
  $ 11,586