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INTANGIBLE ASSETS
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETSThe Company had goodwill in the amount of $774,361 and $769,509 as of March 31, 2023 and December 31, 2022, respectively, subject to the provisions of ASC 350, “Intangibles-Goodwill and Other.” The increase in goodwill is due to foreign currency translation adjustments and an insignificant amount of additional consideration paid related to finalization of the Bergstrom acquired working capital.
Identifiable intangible assets with finite lives at March 31, 2023 and December 31, 2022 are summarized as follows:
 Amortization
Period
(in years)
Gross Carrying Amount at March 31, 2023Accumulated Amortization at March 31, 2023Gross Carrying Amount at December 31, 2022Accumulated Amortization at December 31, 2022
Customer relationships & lists
10-20
$360,068 $195,002 $357,131 $190,576 
Trademarks & trade names
2-17
49,501 33,422 50,058 33,416 
Developed technology
5-12
38,519 15,827 40,473 16,171 
Other
2-18
28,222 22,589 25,041 19,245 
 $476,310 $266,840 $472,703 $259,408 
Amortization of identifiable intangible assets was $7,293 and $5,911 for the three months ended March 31, 2023 and 2022, respectively. Assuming no change in the gross carrying value of identifiable intangible assets, estimated amortization expense is $20,858 for the remainder of 2023, $19,047 for 2024, $15,615 for 2025, $15,473 for 2026, $14,987 for 2027 and $14,591 for 2028. At March 31, 2023 and 2022, there were no identifiable intangible assets with indefinite useful lives as defined by ASC 350. Identifiable intangible assets are reflected in “Intangible assets with finite lives, net” in the Company’s condensed consolidated balance sheets. There were no changes to the useful lives of intangible assets subject to amortization during the three months ended March 31, 2023 and 2022.