Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.20.2
Intangible Assets
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

(6) Intangible Assets

Intangible Assets Subject to Amortization

    

June 30, 2020

    

December 31, 2019

Gross

Net

Gross

Net

carrying

Accumulated

carrying

carrying

Accumulated

carrying

    

amount

    

amortization

    

amount

    

amount

    

amortization

    

amount

amounts in thousands

Customer relationships

$

408,267

 

(112,192)

 

296,075

408,267

 

(95,167)

 

313,100

Other amortizable intangibles

 

145,028

 

(71,522)

 

73,506

 

139,721

 

(60,842)

 

78,879

Total

$

553,295

 

(183,714)

 

369,581

547,988

 

(156,009)

 

391,979

Amortization expense for intangible assets with finite useful lives was $14.0 million and $15.0 million for the three months ended June 30, 2020 and 2019, respectively. Amortization expense for intangible assets with finite useful lives was $28.0 million and $31.3 million for the six months ended June 30, 2020 and 2019, respectively. Amortization

expense for amortizable intangible assets for each of the five succeeding fiscal years is estimated to be (amounts in thousands):

Remainder of 2020

$

27,713

2021

$

45,434

2022

$

39,491

2023

$

34,966

2024

$

31,081

(3)