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Goodwill and Other Intangibles (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Finite and Indefinite-Lived Intangible Assets

The Company’s finite and indefinite-lived intangible assets consist of the following:

 

 

 

March 31, 2022

 

 

December 31, 2021

 

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

Finite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

$

4,806

 

 

$

(4,806

)

 

$

4,806

 

 

$

(4,806

)

Land use rights

 

 

1,293

 

 

 

(461

)

 

 

1,293

 

 

 

(437

)

Trademarks

 

 

2,069

 

 

 

(1,572

)

 

 

1,837

 

 

 

(1,533

)

Technology

 

 

7,346

 

 

 

(2,927

)

 

 

7,306

 

 

 

(2,830

)

Customer relationships

 

 

19,800

 

 

 

(8,879

)

 

 

15,046

 

 

 

(8,643

)

 

 

$

35,314

 

 

$

(18,645

)

 

$

30,288

 

 

$

(18,249

)

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

38,435

 

 

 

 

 

$

28,194

 

 

 

 

Changes in Carrying Amount of Goodwill by Segment

The Company’s only intangible asset with an indefinite life is goodwill. The changes in the carrying amount of goodwill, by segment, for the three months ended March 31, 2022 are as follows:

 

 

 

USA

 

 

The Americas

 

 

EMEA

 

 

Asia-Pacific

 

 

Total

 

Balance at January 1, 2022

 

$

3,078

 

 

$

4,244

 

 

$

13,561

 

 

$

7,311

 

 

$

28,194

 

Additions

 

 

0

 

 

 

5,195

 

 

 

3,912

 

 

 

0

 

 

 

9,107

 

Currency translation

 

 

0

 

 

 

1,068

 

 

 

(102

)

 

 

168

 

 

 

1,134

 

Balance at March 31, 2022

 

$

3,078

 

 

$

10,507

 

 

$

17,371

 

 

$

7,479

 

 

$

38,435