Mister Car Wash Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Other Intangible Assets, Net

Other Intangible Assets, Net

6 Months Ended

Jun. 30, 2021

Intangible Assets Net Excluding Goodwill [Abstract]

Other Intangible Assets, Net

. Other Intangible Assets, Net

Other intangibles assets, net consisted of the following as of the periods presented:


	June 30, 2021				December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Trade names and Trademarks	$	107,000	$	-	$	107,000	$	-
CPC Unity System		42,900		29,446		42,900		27,301
Customer relationships		8,700		7,479		7,600		7,376
Covenants not to compete		7,385		3,418		7,515		3,319
	$	165,985	$	40,343	$	165,015	$	37,996

For the three months ended June 30, 2021 and 2020, amortization expense associated with the Company’s finite-lived intangible assets was $1,420 and $1,703, respectively.

For the six months ended June 30, 2021 and 2020, amortization expense associated with the Company’s finite-lived intangible assets was $2,857 and $3,511, respectively.

As of June 30, 2021, estimated future amortization expense was as follows:


Fiscal Year Ending:
2021 (remaining six months)	$	5,123
2022		5,898
2023		5,516
2024		1,330
2025		343
Thereafter		432
Total estimated future amortization expense	$	18,642