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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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Mayville Engineering Company, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2017 to 2023.
- Mayville Engineering Company, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $1.73M, a 0.29% decline year-over-year.
- Mayville Engineering Company, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $7.73M, a 11.2% increase year-over-year.
- Mayville Engineering Company, Inc. annual Amortization of Intangible Assets for 2023 was $7.74M, a 11.4% increase from 2022.
- Mayville Engineering Company, Inc. annual Amortization of Intangible Assets for 2022 was $6.95M, a 35.1% decline from 2021.
- Mayville Engineering Company, Inc. annual Amortization of Intangible Assets for 2021 was $10.7M, unchanged from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)