GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in the carrying amount of goodwill

The changes in the carrying amount of goodwill for the year ended December 31, 2021 are as follows by reporting segment:

	Pharma		Beauty + Home		Food + Beverage		Total
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
Balance as of December 31, 2020	$	436,731	$	333,111	$	128,679	$	898,521
Acquisitions	104,433		—		—		104,433
Foreign currency exchange effects	(20,967)		(7,392)		(438)		(28,797)
Balance as of December 31, 2021	$	520,197	$	325,719	$	128,241	$	974,157

Summary of amortized intangible assets

The table below shows a summary of intangible assets for the years ended December 31, 2021 and 2020.

		2021						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	$	2,767	$	(1,528)	$	1,239	$	2,861	$	(1,477)	$	1,384
Acquired technology	11.5	140,936		(45,613)		95,323		111,854		(36,943)		74,911
Customer relationships	13.3	311,964		(77,512)		234,452		286,644		(56,714)		229,930
Trademarks and trade names	6.9	44,893		(22,886)		22,007		46,174		(17,437)		28,737
License agreements and other	38.9	16,179		(6,857)		9,322		19,208		(9,861)		9,347
Total intangible assets	13.1	$	516,739	$	(154,396)	$	362,343	$	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:

2022	$	43,967
2023	43,900
2024	40,761
2025	39,308
2026	36,976
2027 and thereafter	157,431