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GOODWILL AND OTHER INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
The changes in the carrying amount of goodwill by reporting segment since December 31, 2020 are as follows:
PharmaBeauty +
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 
Acquisitions110,158 — — — 110,158 
Foreign currency exchange effects(15,961)(5,607)(332)— (21,900)
Goodwill$530,928 $327,504 $128,347 $1,615 $988,394 
Accumulated impairment losses— — — (1,615)(1,615)
Balance as of September 30, 2021$530,928 $327,504 $128,347 $ $986,779 
The table below shows a summary of intangible assets as of September 30, 2021 and December 31, 2020.
September 30, 2021December 31, 2020
Weighted Average Amortization Period (Years)Gross
Carrying
Amount
Accumulated
Amortization
Net
Value
Gross
Carrying
Amount
Accumulated
Amortization
Net
Value
Amortized intangible assets:
Patents13.9$2,785 $(1,436)$1,349 $2,861 $(1,477)$1,384 
Acquired technology11.5140,224 (42,803)97,421 111,854 (36,943)74,911 
Customer relationships15.4312,905 (71,872)241,033 286,644 (56,714)229,930 
Trademarks and trade names6.945,194 (21,544)23,650 46,174 (17,437)28,737 
License agreements and other37.616,504 (7,143)9,361 19,208 (9,861)9,347 
Total intangible assets14.4$517,612 $(144,798)$372,814 $466,741 $(122,432)$344,309 
Aggregate amortization expense for the intangible assets above for the quarters ended September 30, 2021 and 2020 was $10,249 and $9,686, respectively. Aggregate amortization expense for the intangible assets above for the nine months ended September 30, 2021 and 2020 was $29,871 and $30,020, respectively.
Future estimated amortization expense for the years ending December 31 is as follows:
2021$11,614 
(remaining estimated amortization for 2021)
202243,874 
202343,791 
202440,651 
2025 and thereafter232,884 
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 September 30, 2021.