Annual report pursuant to Section 13 and 15(d)

Acquisitions, Goodwill and Other Intangible Assets (Tables)

v3.22.0.1
Acquisitions, Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Business Combinations [Abstract]  
Summary of Goodwill and Intangible Assets, Net
Goodwill and intangible assets, net consisted of the following (in thousands):
 
    
December 31, 2021
    
December 31, 2020
 
    
Gross
Carrying
Amount
    
Accumulated
Amortization
   
Net Book
Value
    
Gross
Carrying
Amount
    
Accumulated
Amortization
   
Net Book
Value
 
Goodwill and intangible assets:
                                                   
Goodwill
   $ 34,071      $ —       $ 34,071      $ 33,375      $ —       $ 33,375  
Intangible assets
(1)(2)
     23,974        (9,940     14,034        24,745        (6,067     18,678  
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
   
 
 
 
     $ 58,045      $ (9,940   $ 48,105      $ 58,120      $ (6,067   $ 52,053  
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
   
 
 
 
Summary of Changes in Carrying Carrying Amount of Goodwill
The changes in the carrying amount of goodwill consisted of the following (in thousands):

 
 
  
Years Ended
December 31,
 
 
  
2021
 
  
2020
 
Beginning balance
   $ 33,375      $ 15,072  
Additions from acquisitions
(1)
     696        18,303  
Impairment losses
     —          —    
    
 
 
    
 
 
 
Ending balance
   $ 34,071      $ 33,375  
    
 
 
    
 
 
 
Schedule of Estimated Amortization Expense for Intangible Assets
Estimated amortization expense for intangible assets by year for the next five years and thereafter consisted of the following (in thousands):
 
    
Year Ended
December 31,
 
2022
   $ 3,474  
2023
     3,407  
2024
     2,891  
2025
     2,671  
2026
     946  
Thereafter
     645  
    
 
 
 
     $ 14,034