Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Changes in goodwill during the three months ended March 31, 2022 were as follows:

(In thousands)	Goodwill
Balance at January 1, 2022	$	636,858
Currency translation	(5,037)
Balance at March 31, 2022	$	631,821

At March 31, 2022, goodwill of $448.6 million and $183.2 million related to the Americas and International reportable segments, respectively.

Changes in intangible assets, net of accumulated amortization, during the three months ended March 31, 2022, were as follows:

(In thousands)	Intangible Assets
Net balance at January 1, 2022	$	306,948
Amortization expense	(5,288)
Currency translation	(1,935)
Net balance at March 31, 2022	$	299,725

At March 31, 2022, the above intangible assets balance includes a trade name related to the Globe acquisition with an indefinite life totaling $60.0 million.