Array Technologies, Inc. Annual Amortization of Intangible Assets in USD from 2018 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
Array Technologies, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2018 to 2023.
  • Array Technologies, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $11.8M, a 6.35% decline year-over-year.
  • Array Technologies, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $49.5M, a 35.6% decline year-over-year.
  • Array Technologies, Inc. annual Amortization of Intangible Assets for 2023 was $51.3M, a 47.8% decline from 2022.
  • Array Technologies, Inc. annual Amortization of Intangible Assets for 2022 was $98.2M, a 318% increase from 2021.
  • Array Technologies, Inc. annual Amortization of Intangible Assets for 2021 was $23.5M, a 7.12% decline 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 $51.3M -$46.9M -47.8% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $98.2M +$74.7M +318% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $23.5M -$1.8M -7.12% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $25.3M +$100K +0.4% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-22
2019 $25.2M -$1.3M -4.91% Jan 1, 2019 Dec 31, 2019 10-K 2022-04-06
2018 $26.5M Jan 1, 2018 Dec 31, 2018 10-K 2021-03-10
* An asterisk sign (*) next to the value indicates that the value is likely invalid.