SunCoke Energy Inc
For the period ended Sep 30, 2024. Filed Oct 31, 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.
Sep 30, 2024 · Filed Oct 31, 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 September 30, 2024 and December 31, 2023, and other intangibles detailed in the table below, excluding fully amortized intangible assets.
| September 30, 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 | $6.7 | $— | $6.7 | $6.2 | $0.5 |
| Permits | 18 | 31.7 | 6.9 | 24.8 | 31.7 | 5.9 | 25.8 |
| Other | 26 | 1.6 | 0.2 | 1.4 | 1.6 | 0.2 | 1.4 |
| Total | $40.0 | $13.8 | $26.2 | $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 September 30, 2024 and 2023, and $1.5 million and $1.6 million for the nine months ended September 30, 2024 and 2023, respectively.
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