XML 44 R32.htm IDEA: XBRL DOCUMENT v3.23.2
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2023
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 six months ended June 30, 2023 by reporting segment are as follows:
Aptar
Pharma
Aptar
Beauty
Aptar ClosuresTotal
Balance as of December 31, 2022$498,742 $319,011 $127,879 $945,632 
Reclassification due to segment change— (39,472)39,472 — 
Acquisitions— 3,655 114 3,769 
Foreign currency exchange effects5,302 1,922 283 7,507 
Balance as of June 30, 2023$504,044 $285,116 $167,748 $956,908 
Summary of amortized intangible assets
The table below shows a summary of intangible assets as of June 30, 2023 and December 31, 2022.
June 30, 2023December 31, 2022
Weighted Average Amortization Period (Years)Gross
Carrying
Amount
Accumulated
Amortization
Net
Value
Gross
Carrying
Amount
Accumulated
Amortization
Net
Value
Amortized intangible assets:
Patents8.8$8,174 $(2,307)$5,867 $8,044 $(1,968)$6,076 
Acquired technology11.3140,053 (63,694)76,359 135,191 (56,628)78,563 
Customer relationships13.4307,535 (111,944)195,591 305,994 (99,130)206,864 
Trademarks and trade names7.344,781 (31,522)13,259 43,998 (28,190)15,808 
License agreements and other36.315,854 (7,440)8,414 15,425 (6,992)8,433 
Total intangible assets13.2$516,397 $(216,907)$299,490 $508,652 $(192,908)$315,744 
Schedule of future estimated amortization expense
Future estimated amortization expense for the years ending December 31 is as follows:
2023$22,808 
(remaining estimated amortization for 2023)
202441,639 
202539,910 
202637,580 
202725,568 
Thereafter131,985