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, 2021

Changes in the carrying amount of goodwill by segment

Changes in the carrying amount of goodwill for the nine months ended September 30, 2021 by segment, were as follows, in thousands:


							Accumulated
	Gross Goodwill				Gross Goodwill		Impairment		Net Goodwill
	December 31, 2020		Additions		September 30, 2021		Losses		September 30, 2021
Goodwill, by segment:
Installation	$	1,726,356	$	79,762	$	1,806,118	$	(762,021)	$	1,044,097
Distribution		446,350		6,290		452,640		—		452,640
Total goodwill	$	2,172,706	$	86,052	$	2,258,758	$	(762,021)	$	1,496,737

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,
	2021		2020
Gross definite-lived intangible assets	$	317,442	$	252,751
Accumulated amortization		(82,570)		(62,146)
Net definite-lived intangible assets		234,872		190,605

Schedule of amortization expense

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Amortization expense	$	7,082	$	5,382	$	20,424	$	16,012