Quarterly report pursuant to Section 13 or 15(d)

Other Intangible Assets, Net (Tables)

v3.22.1
Other Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2022
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Summary of Components of Other Intangible Assets, Net

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

 

 

March 31, 2022

 

 

December 31, 2021

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

Trade names and Trademarks

$

107,200

 

 

$

100

 

 

$

107,200

 

 

$

-

 

CPC Unity System

 

42,900

 

 

 

32,663

 

 

 

42,900

 

 

 

31,591

 

Customer relationships

 

11,800

 

 

 

7,726

 

 

 

11,800

 

 

 

7,584

 

Covenants not to compete

 

11,075

 

 

 

4,434

 

 

 

11,075

 

 

 

3,980

 

 

$

172,975

 

 

$

44,923

 

 

$

172,975

 

 

$

43,155

 

Summary of Estimated Amortization Expense

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

 

Fiscal Year Ending:

 

 

 

 

2022 (remaining nine months)

 

 

$

5,728

 

2023

 

 

 

6,664

 

2024

 

 

 

4,793

 

2025

 

 

 

1,317

 

2026

 

 

 

1,250

 

Thereafter

 

 

 

1,200

 

Total estimated future amortization expense

 

 

$

20,952