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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in goodwill by reportable segment

The changes in the carrying amount of goodwill as of March 31, 2021 and December 31, 2020 are summarized as follows:

 

 

 

Americas

 

 

MEAP

 

 

Consolidated

 

Balance as of January 1, 2020

 

$

166.5

 

 

$

66.0

 

 

$

232.5

 

Foreign currency impact

 

 

 

 

 

2.6

 

 

 

2.6

 

Balance as of December 31, 2020

 

 

166.5

 

 

 

68.6

 

 

 

235.1

 

Foreign currency impact

 

 

 

 

 

(0.3

)

 

 

(0.3

)

Balance as of March 31, 2021

 

$

166.5

 

 

$

68.3

 

 

$

234.8

 

 

Gross carrying amount and accumulated amortization of the company's intangible assets other than goodwill

The gross carrying amount, accumulated amortization and net book value of the Company’s intangible assets other than goodwill as of March 31, 2021 and December 31, 2020 are summarized as follows:

 

 

 

March 31, 2021

 

 

December 31, 2020

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

Amount

 

 

Net

Book

Value

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

Amount

 

 

Net

Book

Value

 

Definite lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

9.8

 

 

 

(8.6

)

 

 

1.2

 

 

 

9.9

 

 

 

(8.6

)

 

 

1.3

 

Patents

 

 

30.3

 

 

 

(29.6

)

 

 

0.7

 

 

 

31.0

 

 

 

(30.3

)

 

 

0.7

 

Total

 

$

40.1

 

 

$

(38.2

)

 

$

1.9

 

 

$

40.9

 

 

$

(38.9

)

 

$

2.0

 

Indefinite lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and tradenames

 

 

97.6

 

 

 

 

 

 

97.6

 

 

 

100.0

 

 

 

 

 

 

100.0

 

Distribution network

 

 

19.2

 

 

 

 

 

 

19.2

 

 

 

19.6

 

 

 

 

 

 

19.6

 

Total

 

 

116.8

 

 

 

 

 

 

116.8

 

 

 

119.6

 

 

 

 

 

 

119.6

 

Total other intangible assets

 

$

156.9

 

 

$

(38.2

)

 

$

118.7

 

 

$

160.5

 

 

$

(38.9

)

 

$

121.6