COVENANT LOGISTICS GROUP, INC. Annual Amortization of Intangible Assets in USD from 2011 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
Covenant Logistics Group, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2011 to 2023.
  • Covenant Logistics Group, Inc. Amortization of Intangible Assets for the quarter ending March 31, 2024 was $2.4M, a 118% increase year-over-year.
  • Covenant Logistics Group, Inc. annual Amortization of Intangible Assets for 2023 was $7.5M, a 74.4% increase from 2022.
  • Covenant Logistics Group, Inc. annual Amortization of Intangible Assets for 2022 was $4.3M, a 7.5% increase from 2021.
  • Covenant Logistics Group, Inc. annual Amortization of Intangible Assets for 2021 was $4M, a 21.6% decline from 2020.
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 $7.5M +$3.2M +74.4% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $4.3M +$300K +7.5% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $4M -$1.1M -21.6% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $5.1M +$2.2M +75.9% Jan 1, 2020 Dec 31, 2020 10-K 2022-02-28
2019 $2.9M +$1.4M +93.3% Jan 1, 2019 Dec 31, 2019 10-K/A 2021-04-06
2018 $1.5M +$1.3M +650% Jan 1, 2018 Dec 31, 2018 10-K/A 2021-04-06
2017 $200K $0 0% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-09
2016 $200K +$100K +100% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-13
2015 $100K $0 0% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-28
2014 $100K -$100K -50% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-14
2013 $200K -$100K -33.3% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-29
2012 $300K -$100K -25% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-03
2011 $400K Jan 1, 2011 Dec 31, 2011 10-K 2014-03-18
* An asterisk sign (*) next to the value indicates that the value is likely invalid.