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Taxonomy & unit
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us-gaap: USD
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Description
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The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
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Summary
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COVENANT LOGISTICS GROUP, INC. quarterly and annual Amortization of Intangible Assets in USD history and change rate from 31 Dec 2011 to 31 Mar 2025.
- COVENANT LOGISTICS GROUP, INC. Amortization of Intangible Assets for the quarter ending 31 Mar 2025 was $2,400,000, unchanged year-over-year.
- COVENANT LOGISTICS GROUP, INC. annual Amortization of Intangible Assets for 2024 was $9,500,000, a 27% increase from 2023.
- COVENANT LOGISTICS GROUP, INC. annual Amortization of Intangible Assets for 2023 was $7,500,000, a 74% increase from 2022.
- COVENANT LOGISTICS GROUP, INC. annual Amortization of Intangible Assets for 2022 was $4,300,000, a 7.5% increase from 2021.