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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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Patterson Uti Energy Inc quarterly/annual Amortization of Intangible Assets history and growth rate from Q2 2016 to Q2 2024.
- Patterson Uti Energy Inc Amortization of Intangible Assets for the quarter ending June 30, 2024 was $30.9M, a 7625% increase year-over-year.
- Patterson Uti Energy Inc Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $102M, a 5550% increase year-over-year.
- Patterson Uti Energy Inc annual Amortization of Intangible Assets for 2023 was $41.5M, a 3092% increase from 2022.
- Patterson Uti Energy Inc annual Amortization of Intangible Assets for 2022 was $1.3M, a 94.6% decline from 2021.
- Patterson Uti Energy Inc annual Amortization of Intangible Assets for 2021 was $24M, a 24.4% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)