Quarterly report pursuant to Section 13 or 15(d)

Goodwill & Intangible Assets (Tables)

v3.22.2
Goodwill & Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The changes in the carrying value of goodwill by segment for the six months ended June 30, 2022 are as follows (in thousands):
  DME Services (a)
Balance as of December 31, 2021 $ 3,710
Goodwill acquired —
Balance as of June 30, 2022 $ 3,710
(a) The ITS segment has no recorded goodwill.
Carrying Amount and Accumulated Amortization of Identifiable Intangible Assets
The carrying amount and accumulated amortization of intangible assets consisted of the following (in thousands):
  June 30, 2022 December 31, 2021
 
Gross
Assets
Accumulated
Amortization
 Net
Gross
Assets
Accumulated
Amortization
Net
Nonamortizable intangible assets            
Trade names $ 2,000 $ — $ 2,000 $ 2,000 $ — $ 2,000
Amortizable intangible assets:
Trade names 23 (23) — 23 (23) —
Physician and customer relationships 38,834 (32,665) 6,169 38,834 (31,401) 7,433
Non-competition agreements 472 (114) 358 472 (67) 405
Unpatented technology 943 (191) 752 943 (123) 820
Software 11,530 (11,300) 230 11,530 (11,258) 272
 
Total nonamortizable and amortizable intangible assets $ 53,802 $ (44,293) $ 9,509 $ 53,802 $ (42,872) $ 10,930
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense Expected remaining annual amortization expense for the next five years for intangible assets recorded as of June 30, 2022 is as follows (in thousands):
  2022 2023 2024 2025 2026
2027 and thereafter
 Total
               
Amortization expense $ 1,073 $ 990 $ 990 $ 810 $ 524 $ 3,122 $ 7,509