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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2019
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of changes in the carrying amount of goodwill

Beauty +

 

 

Food +

 

Corporate

 

 

Home

Pharma

Beverage

& Other

Total

 

Goodwill

$

223,933

$

359,883

$

128,279

$

1,615

$

713,710

Accumulated impairment losses

 

 

 

(1,615)

 

(1,615)

Balance as of December 31, 2018

$

223,933

$

359,883

$

128,279

$

$

712,095

Acquisition

28,138

28,138

Foreign currency exchange effects

 

(4,994)

 

(12,876)

 

(293)

 

 

(18,163)

Goodwill

$

218,939

$

375,145

$

127,986

$

1,615

$

723,685

Accumulated impairment losses

 

 

 

 

(1,615)

 

(1,615)

Balance as of September 30, 2019

$

218,939

$

375,145

$

127,986

$

$

722,070

Summary of amortized intangible assets

September 30, 2019

December 31, 2018

Weighted Average

Gross

Gross

 

Amortization Period

Carrying

Accumulated

Net

Carrying

Accumulated

Net

 

    

(Years)

    

Amount

    

Amortization

    

Value

    

Amount

    

Amortization

    

Value

 

Amortized intangible assets:

Patents

 

3.0

$

5,972

(4,635)

$

1,337

$

5,427

$

(5,294)

$

133

Acquired technology

 

13.4

 

93,153

(22,856)

 

70,297

 

92,389

 

(18,304)

 

74,085

Customer relationships

13.9

187,994

(29,336)

158,658

179,597

(20,439)

159,158

Trademarks and trade names

7.2

33,026

(9,564)

23,462

21,243

(5,914)

15,329

License agreements and other

 

11.0

 

14,830

(8,872)

 

5,958

 

13,852

 

(7,653)

 

6,199

Total intangible assets

 

12.8

$

334,975

$

(75,263)

$

259,712

$

312,508

$

(57,604)

$

254,904

Schedule of future estimated amortization expense

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

2019

$

7,683

(remaining estimated amortization for 2019)

2020

 

26,340

2021

 

25,484

2022

 

25,247

2023 and thereafter

 

174,958