Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets

Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets GOODWILL AND INTANGIBLE ASSETS
The changes in the carrying value of goodwill attributable to each reporting unit are as follows:
U.S. Regions U.S. Federal Canada Non-solar DG Other Total
Carrying Value of Goodwill
Balance, December 31, 2019 $ 26,705  $ 3,981  $ 3,369  $ —  $ 24,359  $ 58,414 
Currency effects —  —  (88) —  (154) (242)
Balance, September 30, 2020 $ 26,705  $ 3,981  $ 3,281  $ —  $ 24,205  $ 58,172 
Accumulated Goodwill Impairment
Balance, December 31, 2019 $ —  $ —  $ (1,016) $ —  $ —  $ (1,016)
Balance, September 30, 2020 $ —  $ —  $ (1,016) $ —  $ —  $ (1,016)
The Company performs its annual goodwill impairment testing in the fourth quarter of each year, or more frequently if an event occurs or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying amount. During the Company’s annual goodwill impairment testing in 2019, all reporting units had fair values that exceeded their carrying values by at least 15%. If the Company believes that one or more indicators of impairment have occurred, then the Company will perform an impairment test. The Company has the option to perform a qualitative assessment (commonly referred to as “step zero” test) to determine whether further quantitative analysis for impairment of goodwill and indefinite-lived intangible assets is necessary. The qualitative assessment includes a review of macroeconomic conditions, industry and market considerations, internal cost factors, and the Company’s own overall financial and share price performance, among other factors. If, after assessing the totality of events or circumstances the Company determines that it is not more-likely-than-not that the fair value of a reporting unit is less than its carrying amount, the Company does not need to perform a quantitative analysis. Upon assessment, the Company concluded it was not more likely than not that the fair value of the reporting units were less than the carrying value of the reporting units as of September 30, 2020. The Company will monitor future results and will perform a test if indicators trigger an impairment review. At this time, the Company has not deemed the impact that the current macroeconomic environment surrounding the COVID-19 pandemic has or is expected to have on the business to be a triggering event for impairment purposes.
Separable intangible assets that are not deemed to have indefinite lives are amortized over their useful lives. The Company annually assesses whether a change in the life over which the Company’s assets are amortized is necessary, or more frequently if events or circumstances warrant.
Acquired intangible assets other than goodwill that are subject to amortization include customer contracts, customer relationships, non-compete agreements, technology and trade names. Customer contracts are amortized ratably over the period of the acquired customer contracts ranging in periods from approximately one to five years. All other acquired intangible assets are amortized over periods ranging from approximately four to fifteen years, as determined by the nature of the respective intangible asset. The Company did not complete any acquisitions nor acquire any intangible assets during the nine months ended September 30, 2020.
The gross carrying amount and accumulated amortization of intangible assets are as follows:
As of September 30, 2020 As of December 31, 2019
Gross Carrying Amount
Customer contracts $ 7,847  $ 7,904 
Customer relationships 12,634  12,749 
Non-compete agreements 3,021  3,037 
Technology 2,719  2,732 
Trade names 542  544 
Total gross carrying amount 26,763  26,966 
Accumulated Amortization
Customer contracts 7,847  7,844 
Customer relationships 11,585  11,236 
Non-compete agreements 3,021  3,037 
Technology 2,706  2,704 
Trade names 532  531 
Total accumulated amortization 25,691  25,352 
Intangible assets, net $ 1,072  $ 1,614 
Amortization expense is as follows:
Three Months Ended September 30, Nine Months Ended September 30,
Asset type Location 2020 2019 2020 2019
Customer contracts Cost of revenues $ 15  $ 22  $ 60  $ 67 
All other intangible assets Selling, general and administrative expenses 157  202  468  614 
Total $ 172  $ 224  $ 528  $ 681