Annual report [Section 13 and 15(d), not S-K Item 405]

INTANGIBLE ASSETS (Tables)

v3.25.0.1
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Acquired Intangible Assets
The following table summarizes acquired intangible assets at December 31 as follows:
  2024 2023
(In thousands)
Weighted
Average Life
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Patents 11 years $ 2,146  $ 2,146  $ 2,146  $ 2,146 
Non-compete Agreement 4 years 11,082  11,082  11,082  11,072 
Trade Names 10 years 11,380  10,351  11,426  9,973 
Completed and Unpatented Technology 9 years 47,818  42,617  47,896  38,961 
Customer Relationships 15 years 142,065  95,818  142,208  87,186 
Total Intangible Assets 13 years $ 214,491  $ 162,014  $ 214,758  $ 149,338 
Schedule of Estimated Acquired Intangible Assets Amortization Expense
Based upon acquired intangible assets at December 31, 2024, amortization expense for each of the next five years is estimated to be:
(In thousands)  
2025 $ 10,935 
2026 $ 9,533 
2027 $ 7,825 
2028 $ 7,037 
2029 $ 5,664