Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.19.3
Goodwill and Other Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill and Intangible Assets
Goodwill and intangible assets, net consisted of the following (in thousands):
                                                 
 
September 30, 2019
   
December 31, 2018
 
 
Gross
 
Carrying
Amount
   
Accumulated
Amortization
   
Net Book
Value
   
Gross
 
Carrying
Amount
   
Accumulated
Amortization
   
Net Book
Value
 
Goodwill and intangible assets:
   
     
     
     
     
     
 
Goodwill 
(1)
   $
11,459
    $
—
  
     $
11,459
    $
11,459
    $
—  
     $
11,459
 
Intangible assets 
(1)
    
4,240
     
(1,052
 )    
3,188
     
4,240
     
(314
 )    
3,926
 
                                                 
  $
15,699
    $
(1,052
 )   $
14,647
    $
15,699
    $
(314
 )   $
15,385
 
                                                 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Represents additions from acquisitions.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Summary of Changes in Carrying Carrying Amount of Goodwill
The changes in the carrying amount of goodwill consisted of the following (in thousands):
 
Nine Months Ended
September 30,
 
 
2019
   
2018
 
Beginning balance
  $
11,459
    $
—  
  
Additions from acquisitions
   
—
     
4,186
 
Impairment losses
   
—
     
—  
  
                 
Ending balance
  $
11,459
    $
4,186
 
                 
Schedule of Estimated Amortization Expense for Intangible Assets
Estimated amortization expense for intangible assets for the next five years and thereafter consisted of the following (in thousands):
 
September 30,
2019
 
Remainder of 2019
  $
  205
 
2020
   
817
 
2021
   
743
 
2022
   
621
 
2023
   
493
 
Thereafter
   
309
 
         
  $
3,188