Goodwill and Other Intangible Assets
|6 Months Ended|
Jun. 30, 2022
|Goodwill and Other Intangible Assets|
|Goodwill and Other Intangible Assets||
6. Goodwill and Other Intangible Assets:
The following table summarizes the changes in the carrying amount of goodwill for the six months ended June 30, 2022:
Information related to the Company’s other intangibles, net is as follows:
Customer relationships are amortized over thirteen years. Vendor relationships are amortized betweenand fifteen years. Trade name is amortized over fifteen years.
During the three months ended June 30, 2022 and 2021, the Company recognized total amortization expense for other intangibles, net of $0.2 million, respectively. During the six months ended June 30, 2022 and 2021, the Company recognized total amortization expense for other intangibles, net of $0.4 million and $0.5 million, respectively.
Estimated future amortization expense of the Company’s other intangibles, net as of June 30, 2022 is as follows:
The entire disclosure for goodwill and intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef