GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

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



	Pharma		Beauty + Home		Food + Beverage		Corporate & Other		Total
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

Foreign currency exchange effects	(7,427)		(3,167)		(186)		—		(10,780)
Goodwill	$	429,304	$	329,944	$	128,493	$	1,615	$	889,356
Accumulated impairment losses	—		—		—		(1,615)		(1,615)
Balance as of June 30, 2021	$	429,304	$	329,944	$	128,493	$	—	$	887,741

The table below shows a summary of intangible assets as of June 30, 2021 and December 31, 2020.



		June 30, 2021						December 31, 2020
Weighted Average Amortization Period (Years)		Gross Carrying Amount		Accumulated Amortization		Net Value		Gross Carrying Amount		Accumulated Amortization		Net Value
Amortized intangible assets:
Patents	13.8	$	2,822	$	(1,465)	$	1,357	$	2,861	$	(1,477)	$	1,384
Acquired technology	12.2	110,171		(41,264)		68,907		111,854		(36,943)		74,911
Customer relationships	13.5	284,613		(67,039)		217,574		286,644		(56,714)		229,930
Trademarks and trade names	6.8	45,653		(20,286)		25,367		46,174		(17,437)		28,737
License agreements and other	38.3	15,220		(6,410)		8,810		19,208		(9,861)		9,347
Total intangible assets	13.4	$	458,479	$	(136,464)	$	322,015	$	466,741	$	(122,432)	$	344,309

Aggregate amortization expense for the intangible assets above for the quarters ended June 30, 2021 and 2020 was $9,811 and $12,320, respectively. Aggregate amortization expense for the intangible assets above for the six months ended June 30, 2021 and 2020 was $19,622 and $20,334, respectively.

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


2021	$	19,989	(remaining estimated amortization for 2021)
2022	38,319
2023	38,236
2024	35,097
2025 and thereafter	190,374

Future amortization expense may fluctuate depending on changes in foreign currency rates. The estimates for amortization expense noted above are based upon foreign exchange rates as of June 30, 2021.