GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2020

The changes in the carrying amount of goodwill for the year ended December 31, 2020 are as follows by reporting segment:


	Pharma		Beauty + Home		Food + Beverage		Corporate & Other		Total

Goodwill	$	359,883	$	223,933	$	128,279	$	1,615	$	713,710
Accumulated impairment losses	—		—		—		(1,615)		(1,615)
Balance as of December 31, 2018	$	359,883	$	223,933	$	128,279	$	—	$	712,095
Acquisition	57,934		—		—		—		57,934

Foreign currency exchange effects	(4,167)		(2,275)		(126)		—		(6,568)
Goodwill	$	413,650	$	221,658	$	128,153	$	1,615	$	765,076
Accumulated impairment losses	—		—		—		(1,615)		(1,615)
Balance as of December 31, 2019	$	413,650	$	221,658	$	128,153	$	—	$	763,461
Acquisition	463		103,130		—		—		103,593
Foreign currency exchange effects	22,618		8,323		526		—		31,467
Goodwill	$	436,731	$	333,111	$	128,679	$	1,615	$	900,136
Accumulated impairment losses	—		—		—		(1,615)		(1,615)
Balance as of December 31, 2020	$	436,731	$	333,111	$	128,679	$	—	$	898,521

The table below shows a summary of intangible assets for the years ended December 31, 2020 and 2019.


		2020						2019
	Weighted Average Amortization Period (Years)	Gross Carrying Amount		Accumulated Amortization		Net Value		Gross Carrying Amount		Accumulated Amortization		Net Value
Amortized intangible assets:
Patents	7.2	$	2,861	$	(1,477)	$	1,384	$	2,804	$	(1,318)	$	1,486
Acquired technology	12.6	111,854		(36,943)		74,911		100,511		(25,430)		75,081
Customer relationships	13.3	286,644		(56,714)		229,930		217,934		(33,924)		184,010
Trademarks and trade names	6.3	46,174		(17,437)		28,737		35,015		(11,003)		24,012
License agreements and other	19.3	19,208		(9,861)		9,347		16,153		(9,658)		6,495
Total intangible assets	12.6	$	466,741	$	(122,432)	$	344,309	$	372,417	$	(81,333)	$	291,084

Future estimated amortization expense for the years ending December 31 is as follows: