SunCoke Energy Inc
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
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3. Intangible Assets
- Intangible Assets
Intangible assets, net, include Goodwill allocated to our Domestic Coke segment of $3.4 million at both March 31, 2024 and December 31, 2023, and other intangibles detailed in the table below, excluding fully amortized intangible assets.
| March 31, 2024 · December 31, 2023 | |||||||
|---|---|---|---|---|---|---|---|
| Weighted - Average Remaining Amortization Years | Gross Carrying Amount | Accumulated Amortization | Net | Gross Carrying Amount | Accumulated Amortization | Net | |
| (Dollars in millions) | |||||||
| Customer relationships | 0 | $6.7 | $6.3 | $0.4 | $6.7 | $6.2 | $0.5 |
| Permits | 18 | 31.7 | 6.3 | 25.4 | 31.7 | 5.9 | 25.8 |
| Other | 26 | 1.6 | 0.2 | 1.4 | 1.6 | 0.2 | 1.4 |
| Total | $40.0 | $12.8 | $27.2 | $40.0 | $12.3 | $27.7 | |
Total amortization expense for intangible assets subject to amortization was $0.5 million for both the three months ended March 31, 2024 and 2023, respectively.
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