Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Changes in goodwill during the nine months ended September 30, 2020 are as follows:

(In thousands)	Goodwill
Balance at January 1, 2020	$	436,679
Currency translation	(406)
Balance at September 30, 2020	$	436,273

At September 30, 2020, the Company had goodwill of $293.2 million and $143.1 million related to the Americas and International reportable segments, respectively.

Changes in intangible assets, net during the nine months ended September 30, 2020, are as follows:

(In thousands)	Intangible Assets
Net balance at January 1, 2020	$	171,326
Amortization expense	(8,641)
Currency translation	(920)
Net balance at September 30, 2020	$	161,765

At September 30, 2020, the above intangible assets balance includes a trade name related to the Globe acquisition with an indefinite life totaling $60.0 million.