GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in the carrying amount of goodwill

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
Acquisitions	110,158		—		—		—		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

Summary of amortized intangible assets

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

		September 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	13.9	$	2,785	$	(1,436)	$	1,349	$	2,861	$	(1,477)	$	1,384
Acquired technology	11.5	140,224		(42,803)		97,421		111,854		(36,943)		74,911
Customer relationships	15.4	312,905		(71,872)		241,033		286,644		(56,714)		229,930
Trademarks and trade names	6.9	45,194		(21,544)		23,650		46,174		(17,437)		28,737
License agreements and other	37.6	16,504		(7,143)		9,361		19,208		(9,861)		9,347
Total intangible assets	14.4	$	517,612	$	(144,798)	$	372,814	$	466,741	$	(122,432)	$	344,309

Schedule of future estimated amortization expense

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

2021	$	11,614	(remaining estimated amortization for 2021)
2022	43,874
2023	43,791
2024	40,651
2025 and thereafter	232,884