Annual report pursuant to Section 13 and 15(d)

Supplemental Financial Statement Information (Tables)

v3.20.1
Supplemental Financial Statement Information (Tables)
 12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
The following is a summary of our property and equipment, at costs less accumulated depreciation and amortization:
As of December 31, Estimated useful life
2019 2018
(in thousands)
Furniture, equipment and software (includes $0.5 million and $0.4 million under finance leases and capital leases, respectively)
 $ 3,130    $ 2,095    3 - 7 years
Personal property 1,105    1,090    5 years
Leasehold improvements 1,077    342    Lesser of lease term or 5 years
Land improvements 601    601    15 years
Building 8,064    7,773    39 years
Land 691    691   
Work in process 712    —   
15,380    12,592   
Less: accumulated depreciation (includes $0.2 million and $0.1 million under finance leases and capital leases, respectively)
 2,215    951   
Property and equipment, net $ 13,165    $ 11,641   
Identified intangible assets consisted of the following at the dates indicated below:
December 31, 2019
Gross carrying
amount		 Accumulated
amortization		 Carrying value Estimated useful life
(in thousands)
Design libraries $ 1,677    $ (103)   $ 1,574    15 years
Trademarks and tradenames 3,388    (962)   2,426    1-15 years
Customer relationships 2,446    (473)   1,973    5-15 years
Other intangibles 2,089    (1,761)   328    2-15 years
$ 9,600    $ (3,299)   $ 6,301   

December 31, 2018
Gross carrying
amount		 Accumulated
amortization		 Carrying value Estimated useful life
(in thousands)
Trademarks and tradenames $ 2,285    $ (459)   $ 1,826    5-10 years
Customer relationships 1,196    (199)   997    5 years
Other intangibles 2,061    (1,222)   839    2-15 years
$ 5,542    $ (1,880)   $ 3,662   
Schedule of future amortization expense Total estimated amortization expense for our intangible assets for the years 2020 through 2024 are as follows:
Amortization Expense (in thousands)
2020 $ 1,240   
2021 $ 916   
2022 $ 915   
2023 $ 417   
2024 $ 319   
Schedule of Goodwill
Changes in the carrying amount of our goodwill by reporting unit for the year ended December 31, 2019 were as follows:
(in thousands) U.S. Canada Europe Total
Balance at December 31, 2018 $ 5,446    $ —    $ —    $ 5,446   
Acquisitions (see Note 3—Business Acquisitions) 3,550    —    2,921    6,471   
Impairment expense —    —    —    —   
Foreign currency translation adjustment —    —    65    65   
Balance at December 31, 2019 $ 8,996    $ —    $ 2,986    $ 11,982   
Schedule of Other Assets
The following table summarizes the composition of accrued expenses and other current liabilities as of the dates indicated:
December 31, 2019 December 31, 2018
(in thousands)
Accrued expenses and other current liabilities:
Accrued purchase price consideration for business acquisition $ 3,029    $ —   
Contingent consideration payable 1,568    —   
Accrued taxes, state and income 1,423    665   
Payroll related including bonus 1,314    1,314   
Accrued offering costs —    1,500   
Other 3,088    3,490   
$ 10,422    $ 6,969   
Contract with Customer, Asset and Liability Changes in our customer deposits during the year ended December 31, 2019 are as follows:
(in thousands) Customer Deposits
Balance as of December 31, 2018 $ 3,071   
Increases due to deposits received, net of other adjustments 10,770   
Revenue recognized (10,689)  
Balance as of December 31, 2019 $ 3,152   
Schedule of Accumulated Other Comprehensive Income (Loss) For the years ended December 31, 2019 and 2018, changes in accumulated other comprehensive loss were as follows:
(in thousands) Foreign Currency Translation Unrealized Loss on Derivative Instrument Total
Balance at December 31, 2017 $ (209)   $ —    $ (209)  
Other comprehensive loss (77)   —    (77)  
Balance at December 31, 2018 (286)   —    (286)  
Other comprehensive income (loss) 193    (206)   (13)  
Effects of the reorganization transactions 203    —    203   
Other comprehensive (income) loss attributable to noncontrolling interest (132)   156    24   
Balance at December 31, 2019 $ (22)   $ (50)   $ (72)