Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in carrying amounts of goodwill attributable to continuing operations for the years ended December 31, 2021 and 2020 are as follows (in thousands):

	Amount
Balance as of January 1, 2020	$	320,095
Goodwill acquired (Note 4)	15,844
Foreign exchange translation	6,491
Balance as of December 31, 2020	$	342,430
Foreign exchange translation	(3,221)
Balance as of December 31, 2021	$	339,209

Indefinite Intangible Assets

Intangible assets are summarized as of December 31, 2021 and 2020 as follows (in thousands):

	2021		2020
Trade names	$	27,388	$	27,463
Other	3,683		3,691
Total	$	31,071	$	31,154

Intangible Assets Subject to Amortization

As of December 31, 2021, intangible assets subject to amortization relate primarily to the following (in thousands):

	Weighted-Average   Amortization Period	Historical Cost		Accumulated Amortization		Net
Trade names	1.6 years	$	12,219	$	10,633	$	1,586
Patent and patent licenses	0.0 years	10,162		9,751		411
Customer relationships (1)	4.3 years	99,571		90,050		9,521
Other purchased intangibles	3.8 years	13,160		12,200		960
Total		$	135,112	$	122,634	$	12,478

(1) Historically, the Company has amortized its customer relationship assets in a pattern that best reflects the pace in which the assets’ benefits are consumed. This pattern results in a substantial majority of the amortization expense being recognized in the first four to five years, despite the overall life of the asset.

As of December 31, 2020, intangible assets subject to amortization relate primarily to the following (in thousands):

	Weighted-Average   Amortization Period	Historical Cost		Accumulated Amortization		Net
Trade names	2.6 years	$	13,435	$	11,548	$	1,887
Patent and patent licenses	1.0 year	1,686		1,568		118
Customer relationships (1)	5.3 years	101,780		88,102		13,678
Other purchased intangibles	4.8 years	10,948		9,019		1,929
Total		$	127,849	$	110,237	$	17,612

(1) Historically, the Company has amortized its customer relationship assets in a pattern that best reflects the pace in which the assets’ benefits are consumed. This pattern results in a substantial majority of the amortization expense being recognized in the first four to five years, despite the overall life of the asset.

Expected Amortization Expenses for Intangible Assets Subject To Amortization

Expected amortization expenses for intangible assets subject to amortization at December 31, 2021 are as follows (in thousands):

Fiscal Year:	Amount
2022	$	4,052
2023	2,832
2024	2,041
2025	1,300
2026	828
Thereafter	1,425
Total expected amortization expense	$	12,478