Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2020 were as follows:
(in thousands) Specialty Chemicals Segment Metals
Segment
Total
Balance December 31, 2019 $ 1,355  $ 16,203  $ 17,558 
Impairment charges —  (16,203) (16,203)
Balance December 31, 2020 1,355  —  1,355 
Acquisitions 11,282  —  11,282 
Balance December 31, 2021 $ 12,637  $ —  $ 12,637 
Schedule of Amortization Expense for Finite-lived Intangible Assets
Estimated amortization expense for the next five fiscal years based on existing intangible assets is as follows:
(in thousands)
2022 $ 2,884 
2023 1,433 
2024 1,336 
2025 1,238 
2026 1,141 
Thereafter 6,350 
Total $ 14,382