Company: UFPT
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001171843-25-005268
Chunk: 69

Company: UFP TECHNOLOGIES INC
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 69
---
			%

			14,758

			13.4
			%

			24,575

			8.2
			%

			29,730

			13.8
			%

			Net Sales

			$
			151,176

			100.0
			%
			 
			$
			110,177

			100.0
			%
			 
			$
			299,324

			100.0
			%
			 
			$
			215,186

			100.0
			%

			(a)    Note – This table has been updated to conform to the current year presentation.

			(14)

			Goodwill and Other Intangible Assets

The changes in the carrying amount of goodwill for the six months ended June 30, 2025 are as follows (in thousands):

			Goodwill

			December 31, 2024

			$
			189,657

			Marble working capital adjustment

			(5
			)

			AJR valuation adjustment

			22

			Foreign currency translation

			3,294

			June 30, 2025

			$
			192,968

The carrying values of the Company’s definite lived intangible assets as of June 30, 2025 are as follows (in thousands):

			June 30, 2025

			Customer
			List

			Intellectual Property

			Tradename & Brand

			Non-
			Compete

			Total

			Weighted-average amortization period

			20 years

			12.3 years

			13.3 years

			8.7 years

			Gross amount

			$
			131,534

			$
			28,057

			$
			1,093

			$
			6,769

			$
			167,453

			Accumulated amortization

			(19,019
			)

			(3,611
			)

			(313
			)

			(2,536
			)

			(25,479
			)

			Net balance

			$
			112,515

			$
			24,446