Company: BHE
Filing Date: 2025-02-27
Form Type: 10-K/A
Source: 0000950170-25-029247
Chunk: 16

Company: BENCHMARK ELECTRONICS INC
Filing Date: 2025-02-27
Form: 10-K/A
Chunk 16
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 |          |  7,800 |
| Other                                           |     |          |     869 |     |              | (404     | ) |     |          |    465 |
| Total intangible assets as of December 31, 2023 |     | $        | 169,336 |     | $            | (118,314 | ) |     | $        | 51,022 |

During 2024, 2023 and 2022, additions to capitalized purchased software costs were $1.9million, $4.3million and $3.4million, respectively.

A summary of the components of amortization expense, as presented in the consolidated statements of cash flows, follows:

|                                                      | (in thousands) | Year Ended   
 December 31, |   2024 |     |   |   2023 |     |   |   2022 |
|:-----------------------------------------------------|:---------------|:-------------|-------:|:----|:--|-------:|:----|:--|-------:|
| Amortization of intangible assets                    |                | $            |  4,817 |     | $ |  5,979 |     | $ |  6,384 |
| Amortization of capitalized purchased software costs |                |              |  4,897 |     |   |  4,564 |     |   |  4,113 |
| Amortization of debt costs                           |                |              |    519 |     |   |    499 |     |   |    416 |
| Total amortization expense                           |                | $            | 10,233 |     | $ | 11,042 |     | $ | 10,913 |

A summary of the future amortization expense related to the Company's intangible assets held as ofDecember 31, 2024 for each of the next five years follows (in thousands):

| Year ending December 31, 
 2025                     |     | Amortization 
 Expense      | 4,817 |
|:-------------------------|:----|:-------------|------:|
| 2026                     |     |              | 4,817 |
| 2027                     |     |              | 4,817 |
| 2028                     |     |              | 4,817 |
| 2029                     |     |              | 4,218 |

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