Mammoth Energy Services, Inc. Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the net carrying amount of goodwill by reporting segment (see Note 19) for the nine months ended September 30, 2020 and year ended December 31, 2019 are presented below (in thousands):


	Infrastructure		Pressure Pumping		Sand		Other		Total
Balance as of January 1, 2019
Goodwill	$	3,828	$	86,043	$	2,684	$	11,893	$	104,448
Accumulated impairment losses	—		—		—		(3,203)		(3,203)
	3,828		86,043		2,684		8,690		101,245
Acquisitions	—		—		—		—		—
Impairment losses	(434)		(23,423)		(2,684)		(7,123)		(33,664)
Balance as of December 31, 2019
Goodwill	3,828		86,043		2,684		11,893		104,448
Accumulated impairment losses	(434)		(23,423)		(2,684)		(10,326)		(36,867)
	3,394		62,620		—		1,567		67,581
Acquisitions	—		—		—		—		—
Impairment losses	—		(53,406)		—		(1,567)		(54,973)
Balance as of September 30, 2020
Goodwill	3,828		86,043		2,684		11,893		104,448
Accumulated impairment losses	(434)		(76,829)		(2,684)		(11,893)		(91,840)
	$	3,394	$	9,214	$	—	$	—	$	12,608

Schedule of finite-lived intangible assets

The Company had the following definite lived intangible assets recorded (in thousands):


	September 30,		December 31,
	2020		2019
Customer relationships	$	1,050	$	1,050
Trade names	9,063		9,063
Less: accumulated amortization - customer relationships	(598)		(467)
Less: accumulated amortization - trade names	(4,487)		(3,858)
Intangible assets, net	$	5,028	$	5,788

Schedule of finite-lived intangible assets, future amortization expense

Aggregated expected amortization expense for the future periods is expected to be as follows (in thousands):


Remainder of 2020	$	253
2021	1,015
2022	1,015
2023	898
2024	771
Thereafter	1,076
	$	5,028