XML 51 R39.htm IDEA: XBRL DOCUMENT v3.22.4
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in the carrying amount of goodwill

The following table sets forth the changes in the carrying amount of goodwill by segment (in millions):

 

 

BSI BioSpin

 

 

BSI CALID

 

 

BSI Nano

 

 

BEST

 

 

Total

 

Balance at December 31, 2019

 

$

27.5

 

 

$

56.7

 

 

$

208.5

 

 

$

0.3

 

 

$

293.0

 

Current period additions/adjustments

 

 

 

 

 

 

 

 

13.7

 

 

 

 

 

 

13.7

 

Foreign currency impact

 

 

3.3

 

 

 

4.6

 

 

 

5.8

 

 

 

 

 

 

13.7

 

Balance at December 31, 2020

 

 

30.8

 

 

 

61.3

 

 

 

228.0

 

 

 

0.3

 

 

 

320.4

 

Current period additions/adjustments

 

 

12.8

 

 

 

0.6

 

 

 

16.6

 

 

 

 

 

 

30.0

 

Foreign currency impact

 

 

(1.2

)

 

 

(4.0

)

 

 

(5.7

)

 

 

 

 

 

(10.9

)

Balance at December 31, 2021

 

 

42.4

 

 

 

57.9

 

 

 

238.9

 

 

 

0.3

 

 

 

339.5

 

Current period additions/adjustments

 

 

18.6

 

 

 

55.3

 

 

 

58.0

 

 

 

 

 

 

131.9

 

Foreign currency impact

 

 

(3.2

)

 

 

(5.8

)

 

 

(4.8

)

 

 

 

 

 

(13.8

)

Balance at December 31, 2022

 

$

57.8

 

 

$

107.4

 

 

$

292.1

 

 

$

0.3

 

 

$

457.6

 

Summary of intangible assets

The following is a summary of intangible assets (in millions):

 

 

2022

 

 

2021

 

 

 

Gross

 

 

 

 

 

Net

 

 

Gross

 

 

 

 

 

Net

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Existing technology and related patents

 

$

354.7

 

 

$

(219.0

)

 

$

135.7

 

 

$

310.4

 

 

$

(206.8

)

 

$

103.6

 

Customer relationships

 

 

192.3

 

 

 

(72.1

)

 

 

120.2

 

 

 

156.1

 

 

 

(58.2

)

 

 

97.9

 

Trade names

 

 

22.3

 

 

 

(7.4

)

 

 

14.9

 

 

 

15.5

 

 

 

(5.8

)

 

 

9.7

 

Other

 

 

1.0

 

 

 

(0.9

)

 

 

0.1

 

 

 

1.8

 

 

 

(1.2

)

 

 

0.6

 

Intangible assets

 

$

570.3

 

 

$

(299.4

)

 

$

270.9

 

 

$

483.8

 

 

$

(272.0

)

 

$

211.8

 

Schedule of estimated future amortization expense related to amortizable intangible assets

The estimated future amortization expense related to amortizable intangible assets is as follows (in millions):

 

 2023

 

$

38.7

 

 2024

 

 

36.4

 

 2025

 

 

35.5

 

 2026

 

 

33.0

 

 2027

 

 

26.1

 

Thereafter

 

 

101.2

 

Total

 

$

270.9