Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.20.1
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets

The following table presents the gross and net balances of our goodwill and intangible assets as of the dates indicated:

 

 

 

 

 

 

 

March 31, 2020

 

 

December 31, 2019

 

 

 

Useful

Life

(Years)

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Indefinite-lived and non-amortizable

acquired intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

Indefinite

 

 

$

101,407

 

 

$

 

 

$

101,407

 

 

$

101,407

 

 

$

 

 

$

101,407

 

Definite-lived and amortizable acquired intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks/Names

 

 

15

 

 

$

640,000

 

 

$

(266,668

)

 

$

373,332

 

 

$

640,000

 

 

$

(256,001

)

 

$

383,999

 

Customer relationships

 

 

20

 

 

 

350,000

 

 

 

(109,375

)

 

 

240,625

 

 

 

350,000

 

 

 

(105,000

)

 

 

245,000

 

Non-competition agreement

 

 

5

 

 

 

10,000

 

 

 

(10,000

)

 

 

 

 

 

10,000

 

 

 

(10,000

)

 

 

 

Other

 

 

1

 

 

 

13,800

 

 

 

(13,800

)

 

 

 

 

 

13,800

 

 

 

(13,800

)

 

 

 

Total

 

 

 

 

 

$

1,013,800

 

 

$

(399,843

)

 

$

613,957

 

 

$

1,013,800

 

 

$

(384,801

)

 

$

628,999