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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets

The following table details amounts related to our goodwill and intangible assets as of June 30, 2021 and December 31, 2020. 

 

 

 

 

 

June 30, 2021

 

 

December 31, 2020

 

 

 

Estimated

Useful Life

 

Gross

Carrying

Amount

 

 

Accumulated Amortization

 

 

Gross

Carrying

Amount

 

 

Accumulated Amortization

 

Amortizing intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

1-20 years

 

$

201.0

 

 

$

139.1

 

 

$

200.6

 

 

$

128.9

 

Developed technology

 

13-19 years

 

 

92.5

 

 

 

81.0

 

 

 

92.1

 

 

 

77.9

 

Software

 

7 years

 

 

9.1

 

 

 

0.7

 

 

 

9.1

 

 

 

-

 

Trademarks and brand names

 

5-10 years

 

 

4.0

 

 

 

1.6

 

 

 

4.0

 

 

 

1.3

 

Non-compete agreements

 

3-5 years

 

 

5.6

 

 

 

0.9

 

 

 

6.3

 

 

 

0.4

 

Other

 

Various

 

 

5.9

 

 

 

5.5

 

 

 

6.9

 

 

 

0.2

 

Total

 

 

 

$

318.1

 

 

$

228.8

 

 

$

319.0

 

 

$

208.7

 

Non-amortizing intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and brand names

 

Indefinite

 

 

344.9

 

 

 

 

 

 

 

347.2

 

 

 

 

 

Total intangible assets

 

 

 

$

663.0

 

 

 

 

 

 

$

666.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

Indefinite

 

$

166.8

 

 

 

 

 

 

$

160.7

 

 

 

 

 

Schedule of Amortization Expense

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

2021

 

 

2020

 

Amortization expense

 

$

20.7

 

 

$

9.3