XML 37 R27.htm IDEA: XBRL DOCUMENT v3.22.2.2
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Components of Goodwill and Other Intangible Assets
Goodwill and other intangible assets consisted of the following (in thousands):
September 30, 2022
December 31, 2021
Gross
Amount
Accumulated
Amortization
Net
Amount
Gross
Amount
Accumulated
Amortization
Net
Amount
Other intangible assets subject to amortization
Customer relationships (useful life of 5 to 10 years)
$104,656 $(23,000)$81,656 $106,013 $(14,478)$91,535 
Tradenames (useful life of 25 years)
166,869 (13,416)153,453 173,522 (8,818)164,704 
Total$271,525 $(36,416)235,109 $279,535 $(23,296)256,239 
Other intangible assets not subject to amortization
Product formulations10,700 10,700 
Total other intangible assets, net245,809 266,939 
Goodwill233,578 242,661 
Total goodwill and other intangible assets$479,387 $509,600 
Schedule of Amortization Expense
Amortization expense relating to amortizable intangible assets as of September 30, 2022 for the next five years is expected to be as follows (in thousands):
Remainder of 2022$4,680 
202318,721 
202418,721 
202518,488 
202618,267 
202717,040