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Goodwill and Intangible Assets, Net
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
As of October 1, 2021, we performed our annual impairment test and concluded that there were no impairments of goodwill. In December 2021, we closed on an acquisition of a small kitting business, the impact of which was immaterial to our financial results.
The following table summarizes the changes in the carrying amount of goodwill through December 31, 2021:

Global SolutionsGlobal ProductsConsolidated
Net carrying amount of goodwill, December 31, 2019$283,905 $109,276 $393,181 
Currency translation adjustments— 905 905 
Net carrying amount of goodwill, December 31, 2020283,905 110,181 394,086 
Currency translation adjustments— (6,717)(6,717)
Acquisition— 2,816 2,816 
Net carrying amount of goodwill, December 31, 2021$283,905 $106,280 $390,185 
Intangible assets at December 31, 2021 and 2020 were as follows:
 20212020
 Customer
Relationships
TradenamesOther
Intangibles
Customer
Relationships
TradenamesOther
Intangibles
Gross intangible assets$275,526 $90,000 $43,189 $270,505 $90,000 $43,245 
Accumulated amortization(146,168)(33,242)(19,560)(121,209)(24,881)(14,309)
Net intangible assets$129,358 $56,758 $23,629 $149,296 $65,119 $28,936 
Weighted average useful life10 years11 years8 years10 years11 years8 years
At December 31, 2021 and 2020, $47.3 million and $63.2 million in net intangible assets were held in the Global Solutions segment and $162 million and $180 million were held in the Global Products segment. Amortization expense for intangible assets was $39.8 million for 2021, $41.5 million for 2020 and $44.0 million for 2019.
Based on the current carrying value of intangible assets subject to amortization, estimated amortization expense is $39.9 million for 2022, $39.7 million for 2023, $34.9 million for 2024, $29.1 million for 2025, and $27.7 million for 2026.