Mister Car Wash Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Other Intangible Assets, Net

Other Intangible Assets, Net

12 Months Ended

Dec. 31, 2022

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Other Intangible Assets, Net

5. Other Intangible Assets, Net

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


	December 31, 2022				December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Trade names and Trademarks	$	107,200	$	200	$	107,200	$	—
CPC Unity System		42,900		35,750		42,900		31,591
Customer relationships		11,800		8,240		11,800		7,584
Covenants not to compete		12,590		6,685		11,075		3,980
Other intangible assets, net	$	174,490	$	50,875	$	172,975	$	43,155

The weighted average amortization period for CPC Unity System, Customer relationships, and Covenants not to compete are 10.0 years, 7.0 years and 6.3 years, respectively.

Amortization expense for finite-lived intangible assets was $7,874, $5,619 and $6,943 for the years ended December 31, 2022, 2021 and 2020, respectively.

As of December 31, 2022, estimated future amortization expense was as follows:


Fiscal Year Ending:
2023	$	6,548
2024		4,927
2025		1,699
2026		1,457
2027		613
Thereafter		1,371
Total estimated future amortization expense	$	16,615