Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

The Company conducted its annual impairment assessment on the first day of the fourth quarter of 2020 and determined the fair values of its reporting units and trademarks exceeded their carrying values. As a result, no impairment was indicated. 

The following table summarizes the components of intangible assets:

Goodwill:

	Global Ceramic		Flooring NA	Flooring ROW	Total
Balances as of December 31, 2018
Goodwill	$	1,564,987	874,198	1,409,206	3,848,391
Accumulated impairment losses	(531,930)		(343,054)	(452,441)	(1,327,425)
	1,033,057		531,144	956,765	2,520,966
Goodwill recognized during the period	13,197		—	49,619	62,816
Currency translation during the period	5,392		—	(19,147)	(13,755)
Balances as of December 31, 2019
Goodwill	1,583,576		874,198	1,439,678	3,897,452
Accumulated impairment losses	(531,930)		(343,054)	(452,441)	(1,327,425)
	1,051,646		531,144	987,237	2,570,027
Goodwill recognized during the period	—		—	(9,642)	(9,642)
Currency translation during the period	(4,085)		—	94,531	90,446
Balances as of December 31, 2020
Goodwill	1,579,491		874,198	1,524,567	3,978,256
Accumulated impairment losses	(531,930)		(343,054)	(452,441)	(1,327,425)
	$	1,047,561	531,144	1,072,126	2,650,831

Intangible assets:

	Tradenames
Indefinite life assets not subject to amortization:
Balance as of December 31, 2018	$	707,380
Intangible assets acquired during the year(1)	(874)
Currency translation during the year	(3,774)
Balance as of December 31, 2019	702,732
Currency translation during the year	24,536
Balance as of December 31, 2020	$	727,268

(1) Includes adjustments on previously acquired intangible assets.

	Customer relationships		Patents	Other	Total
Intangible assets subject to amortization:
Balances as of December 31, 2018	$	244,628	4,495	5,307	254,430
Intangible assets acquired during the year	2,092		—	—	2,092
Amortization during the year	(25,527)		(2,156)	70	(27,613)
Currency translation during the year	(2,752)		(111)	101	(2,762)
Balances as of December 31, 2019	218,441		2,228	5,478	226,147
Intangible assets acquired during the year	12,789		—	—	12,789
Amortization during the year	(26,612)		(2,195)	(84)	(28,891)
Currency translation during the year	13,921		111	262	14,294
Balances as of December 31, 2020	$	218,539	144	5,656	224,339

	December 31, 2020
	Cost		Acquisitions	Currency translation	Accumulated amortization	Net Value
Customer Relationships	$	645,206	12,789	41,800	481,256	218,539
Patents	249,100		—	24,470	273,426	144
Other	6,631		—	314	1,289	5,656
Total	$	900,937	12,789	66,584	755,971	224,339

	December 31, 2019
	Cost		Acquisitions	Currency translation	Accumulated amortization	Net Value
Customer Relationships	$	651,014	2,092	(7,900)	426,765	218,441
Patents	254,483		—	(5,383)	246,872	2,228
Other	6,534		—	97	1,153	5,478
Total	$	912,031	2,092	(13,186)	674,790	226,147

	Years Ended December 31,
	2020		2019	2018
Amortization expense	$	28,891	27,613	30,745

Estimated amortization expense for the years ending December 31 are as follows:

2021	$	29,429
2022	28,634
2023	26,998
2024	26,264
2025	26,064