Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangibles (Tables)

v3.20.2
Goodwill and Other Intangibles (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Other Intangibles  
Changes in the carrying amount of goodwill by segment

Changes in the carrying amount of goodwill for the six months ended June 30, 2020 by segment, were as follows, in thousands:

    

Gross Goodwill

    

    

Gross Goodwill

    

   Accumulated   

    

Net Goodwill

at

at

Impairment

at

December 31, 2019

Additions

June 30, 2020

Losses

June 30, 2020

Goodwill, by segment:

Installation

$

1,683,589

$

11,903

$

1,695,492

$

(762,021)

$

933,471

Distribution

 

446,350

 

 

446,350

 

 

446,350

Total goodwill

$

2,129,939

$

11,903

$

2,141,842

$

(762,021)

$

1,379,821

Schedule of other intangible assets

Other intangible assets, net includes customer relationships, non-compete agreements, and trademarks / trade names.  The following table sets forth our other intangible assets, in thousands:

As of

    

    

    

    

    

    

    

June 30, 

December 31, 

2020

2019

Gross definite-lived intangible assets

    

$

227,761

$

221,382

Accumulated amortization

    

(50,890)

(40,260)

Net definite-lived intangible assets

    

176,871

181,122

Indefinite-lived intangible assets not subject to amortization

    

Other intangible assets, net

    

$

176,871

$

181,122

Schedule of amortization expense

The following table sets forth our amortization expense, in thousands:  

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2020

    

2019

    

2020

    

2019

Amortization expense

$

5,358

$

5,173

$

10,630

$

10,346