Goodwill & Other Intangible Assets

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill & Other Intangible Assets

Goodwill

Changes in the carrying amount of goodwill by reportable business segment for the years ended December 31, 2020 and 2019 were as follows (in thousands):


	North America		EMEA		Emerging Markets		Total
Balance at January 1, 2019
Goodwill	$	148,634	$	31,283	$	11,624	$	191,541
Accumulated impairment losses	(12,752)		(1,328)		(1,337)		(15,417)
	$	135,882	$	29,955	$	10,287	$	176,124

Purchase accounting adjustment	1,131		(69)		265		1,327
Divestitures	(7,681)		—		—		(7,681)
Foreign currency translation	1,715		(33)		111		1,793

Balance at December 31, 2019
Goodwill	$	143,799	$	31,181	$	12,000	$	186,980
Accumulated impairment losses	(12,752)		(1,328)		(1,337)		(15,417)
	$	131,047	$	29,853	$	10,663	$	171,563

Assets held for sale	(35,939)		—		—		(35,939)
Divestitures	(11,220)		(3,523)		(2,081)		(16,824)
Foreign currency translation	1,629		204		(44)		1,789

Balance at December 31, 2020
Goodwill	$	98,269	$	27,862	$	9,875	$	136,006
Accumulated impairment losses	(12,752)		(1,328)		(1,337)		(15,417)
	$	85,517	$	26,534	$	8,538	$	120,589

Intangible Assets Subject to Amortization

Intangible assets with finite lives are subject to amortization over their estimated useful lives. The primary assets included in this category and their respective balances were as follows (in thousands):



	Gross Carrying		Accumulated		Net Carrying
	Amount		Amortization		Amount
December 31, 2020
Customer relationships	$	9,447	$	(4,457)	$	4,990

Intellectual property and other	3,104		(2,438)		666
	$	12,551	$	(6,895)	$	5,656

December 31, 2019
Customer relationships	$	22,348	$	(7,473)	$	14,875
Intellectual property and other	3,915		(2,446)		1,469
	$	26,263	$	(9,919)	$	16,344

Amortization expense for intangible assets was $3.5 million, $5.0 million and $4.6 million for the years ended December 31, 2020, 2019 and 2018, respectively. Estimated future amortization expense for intangible assets included in our consolidated balance sheet as of December 31, 2020 is as follows (in thousands):


Fiscal years ending:
2021	$	1,811
2022	1,017
2023	581
2024	581
2025	581
Thereafter	1,085
Total	$	5,656

As of December 31, 2020, our intangible assets with definite lives had a weighted average remaining useful life of 5.2 years. We have no intangible assets with indefinite useful lives.