PATTERSON UTI ENERGY INC Annual Amortization of Intangible Assets in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
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.
Summary
Patterson Uti Energy Inc quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • Patterson Uti Energy Inc Amortization of Intangible Assets for the quarter ending September 30, 2024 was $31.1M, a 208% increase year-over-year.
  • Patterson Uti Energy Inc Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $123M, a 958% 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, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $41.5M +$40.2M +3092% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-27
2022 $1.3M -$22.7M -94.6% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-27
2021 $24M +$4.7M +24.4% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-27
2020 $19.3M +$1.4M +7.82% Jan 1, 2020 Dec 31, 2020 10-K/A 2023-07-17
2019 $17.9M -$400K -2.19% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-16
2018 $18.3M -$6M -24.7% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-09
2017 $24.3M +$20.7M +575% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-13
2016 $3.6M $0 0% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-13
2015 $3.6M -$43K -1.18% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-20
2014 $3.64M -$350K -8.77% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-13
2013 $3.99M -$117K -2.85% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-10
2012 $4.11M $0 0% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-12
2011 $4.11M +$3.08M +300% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-14
2010 $1.03M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-13
* An asterisk sign (*) next to the value indicates that the value is likely invalid.