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Goodwill and Other Intangible Assets, Net (Tables)
9 Months Ended
Sep. 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 (68,978)
Cumulative translation adjustment(348)
Balance at September 30, 2021$486,885 
Components of Other Intangible Assets
Other intangible assets consisted of the following (in thousands, except weighted-average remaining life):
September 30, 2021
Gross
Amount
Accumulated
Amortization
Net Carrying
Amount
Weighted-
Average
Remaining Life
(Years)
Definite life intangible assets:
Customer-related$182,531 $67,057 $115,474 10.3
Technology23,997 22,571 1,426 0.4
Noncompete agreements19,821 18,844 977 5.2
Patents10,616 10,237 379 1.5
All other17,115 5,279 11,836 9.5
Total definite life intangible assets254,080 123,988 130,092 10.1
Indefinite life intangible assets:
Trade names79,570 — 79,570 N/A
Licenses2,386 — 2,386 N/A
Total indefinite life intangible assets81,956 — 81,956 N/A
Total1
$336,036 $123,988 $212,048 10.1
__________________________
1Excludes intangibles at cost of $91.6 million, and net carrying amount of $55.6 million 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 September 30, 2021 is as follows (in millions):
2021$4.9 
202216.7 
202314.9 
202414.4 
202514.4 
2026 and thereafter64.8 
Total$130.1