GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2022

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, 2021 are as follows:

	Pharma		Beauty + Home		Food + Beverage		Total
Balance as of December 31, 2021	$	520,197	$	325,719	$	128,241	$	974,157
Foreign currency exchange effects	(9,386)		(2,845)		(169)		(12,400)
Balance as of March 31, 2022	$	510,811	$	322,874	$	128,072	$	961,757

Summary of amortized intangible assets

The table below shows a summary of intangible assets as of March 31, 2022 and December 31, 2021.

		March 31, 2022						December 31, 2021
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	$	2,870	$	(1,664)	$	1,206	$	2,767	$	(1,528)	$	1,239
Acquired technology	11.5	138,488		(47,989)		90,499		140,936		(45,613)		95,323
Customer relationships	13.3	309,610		(82,634)		226,976		311,964		(77,512)		234,452
Trademarks and trade names	7.0	44,364		(24,084)		20,280		44,893		(22,886)		22,007
License agreements and other	39.2	16,045		(6,841)		9,204		16,179		(6,857)		9,322
Total intangible assets	13.2	$	511,377	$	(163,212)	$	348,165	$	516,739	$	(154,396)	$	362,343

Schedule of future estimated amortization expense

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

2022	$	33,180	(remaining estimated amortization for 2022)
2023	43,721
2024	40,541
2025	39,088
2026	36,874
Thereafter	154,761