Quarterly report pursuant to Section 13 or 15(d)

Other Intangible Assets, Net (Tables)

v3.22.2.2
Other Intangible Assets, Net (Tables)
9 Months Ended
Sep. 30, 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:

 

 

September 30, 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

 

 

 

34,809

 

 

 

42,900

 

 

 

31,591

 

Customer relationships

 

11,800

 

 

 

7,958

 

 

 

11,800

 

 

 

7,584

 

Covenants not to compete

 

12,125

 

 

 

5,277

 

 

 

11,075

 

 

 

3,980

 

 

$

174,025

 

 

$

48,244

 

 

$

172,975

 

 

$

43,155

 

Summary of Estimated Amortization Expense

As of September 30, 2022, estimated future amortization expense was as follows:

 

Fiscal Year Ending:

 

 

 

 

2022 (remaining three months)

 

 

$

2,343

 

2023

 

 

 

7,009

 

2024

 

 

 

5,053

 

2025

 

 

 

1,568

 

2026

 

 

 

1,501

 

Thereafter

 

 

 

1,307

 

Total estimated future amortization expense

 

 

$

18,781