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Goodwill and Other Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill were as follows (in thousands):
Goodwill
Balance at December 31, 2020$556,211 
Goodwill reclassified as Assets held for sale (69,725)
Cumulative translation adjustment948 
Balance at June 30, 2021$487,434 
Components of Other Intangible Assets
Other intangible assets consisted of the following (in thousands, except weighted-average remaining life):
June 30, 2021
Gross
Amount
Accumulated
Amortization
Net Carrying
Amount
Weighted-
Average
Remaining Life
(Years)
Definite life intangible assets:
Customer-related$182,616 $63,859 $118,757 10.5
Technology23,997 21,716 2,281 0.7
Noncompete agreements19,821 18,797 1,024 5.4
Patents10,616 10,233 383 1.5
All other19,340 4,498 14,842 8.0
Total definite life intangible assets256,390 119,103 137,287 10.0
Indefinite life intangible assets:
Trade names79,570 — 79,570 N/A
Licenses2,434 — 2,434 N/A
Total indefinite life intangible assets82,004 — 82,004 N/A
Total1
$338,394 $119,103 $219,291 10.0
__________________________
1Excludes intangibles at cost of $92,845 thousand, and net carrying amount of $56,031 thousand classified as Assets held for sale.
December 31, 2020
Gross
Amount
Accumulated
Amortization
Net Carrying
Amount
Weighted-
Average
Remaining Life
(Years)
Definite life intangible assets:
Customer-related$252,241 $77,106 $175,135 10.4
Technology24,025 20,031 3,994 1.2
Noncompete agreements30,715 29,596 1,119 5.9
Patents10,616 10,223 393 1.6
All other29,566 5,028 24,538 8.3
Total definite life intangible assets347,163 141,984 205,179 9.9
Indefinite life intangible assets:
Trade names79,570 — 79,570 N/A
Licenses2,408 — 2,408 N/A
Total indefinite life intangible assets81,978 — 81,978 N/A
Total$429,141 $141,984 $287,157 9.9
Estimated Future Amortization Expense of Definite Life Intangible Assets The estimated future amortization expense of definite life intangible assets as of June 30, 2021 is as follows (in millions):
2021$10.3 
202216.7 
202314.9 
202414.4 
202514.4 
2026 and thereafter66.6 
Total$137.3