INTANGIBLE ASSETS, NET
|9 Months Ended|
Sep. 30, 2020
|Goodwill and Intangible Assets Disclosure [Abstract]|
|INTANGIBLE ASSETS, NET||INTANGIBLE ASSETS, NET
Intangible assets were recorded in relation to the acquisition of TC on October 1, 2014.
The following tables summarize the gross carrying amounts and accumulated amortization of intangible assets by major class:
Amortization expense for intangible assets included in cost of sales was approximately $0.5 million and $0.5 million for the three months September 30, 2020 and 2019, respectively, and approximately $1.4 million and $1.4 million for the nine months ended September 30, 2020 and 2019, respectively.
Based on identified intangible assets that are subject to amortization as of September 30, 2020, we expect future amortization expenses for each period to be as follows:
The entire disclosure for all or part of the information related to intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef