TopBuild Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangibles (Tables)

Goodwill and Other Intangibles (Tables)

9 Months Ended

Sep. 30, 2020

Changes in the carrying amount of goodwill by segment

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


	Gross Goodwill				Gross Goodwill		Accumulated		Net Goodwill
	at				at		Impairment		at
	December 31, 2019		Additions		September 30, 2020		Losses		September 30, 2020
Goodwill, by segment:
Installation	$	1,683,589	$	11,803	$	1,695,392	$	(762,021)	$	933,371
Distribution		446,350		—		446,350		—		446,350
Total goodwill	$	2,129,939	$	11,803	$	2,141,742	$	(762,021)	$	1,379,721

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
	September 30,		December 31,
	2020		2019
Gross definite-lived intangible assets	$	228,662	$	221,382
Accumulated amortization		(56,272)		(40,260)
Net definite-lived intangible assets		172,390		181,122
Indefinite-lived intangible assets not subject to amortization		—		—
Other intangible assets, net	$	172,390	$	181,122

Schedule of amortization expense

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Amortization expense	$	5,382	$	5,197	$	16,012	$	15,543