GOODWILL AND OTHER INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill by reporting segment since December 31, 2019 are as follows:



	Beauty + Home		Pharma		Food + Beverage		Corporate & Other		Total
Goodwill	$	221,658	$	413,650	$	128,153	$	1,615	$	765,076
Accumulated impairment losses	—		—		—		(1,615)		(1,615)
Balance as of December 31, 2019	$	221,658	$	413,650	$	128,153	$	—	$	763,461
Acquisition	99,350		463		—		—		99,813
Foreign currency exchange effects	3,972		10,502		267		—		14,741
Goodwill	$	324,980	$	424,615	$	128,420	$	1,615	$	879,630
Accumulated impairment losses	—		—		—		(1,615)		(1,615)
Balance as of September 30, 2020	$	324,980	$	424,615	$	128,420	$	—	$	878,015

The table below shows a summary of intangible assets as of September 30, 2020 and December 31, 2019.



		September 30, 2020						December 31, 2019
Weighted Average Amortization Period (Years)		Gross Carrying Amount		Accumulated Amortization		Net Value		Gross Carrying Amount		Accumulated Amortization		Net Value
Amortized intangible assets:
Patents	7.4	$	2,795	(1,393)		$	1,402	$	2,804	$	(1,318)	$	1,486
Acquired technology	12.9	107,529		(33,322)		74,207		100,511		(25,430)		75,081
Customer relationships	13.3	283,091		(50,048)		233,043		217,934		(33,924)		184,010
Trademarks and trade names	6.3	45,285		(15,470)		29,815		35,015		(11,003)		24,012
License agreements and other	19.1	18,693		(9,465)		9,228		16,153		(9,658)		6,495
Total intangible assets	12.6	$	457,393	$	(109,698)	$	347,695	$	372,417	$	(81,333)	$	291,084

Aggregate amortization expense for the intangible assets above for the quarters ended September 30, 2020 and 2019 was $9,686 and $7,399, respectively. Aggregate amortization expense for the intangible assets above for the nine months ended September 30, 2020 and 2019 was $30,020 and $19,787, respectively.

Future estimated amortization expense for the years ending December 31 is as follows:


2020	$	9,819	(remaining estimated amortization for 2020)
2021	38,300
2022	38,020
2023	37,938
2024 and thereafter	223,618

Future amortization expense may fluctuate depending on changes in foreign currency rates. The estimates for amortization expense noted above are based upon foreign exchange rates as of September 30, 2020.