GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in the carrying amount of goodwill

The changes in the carrying amount of goodwill for the year ended December 31, 2022 are as follows by reporting segment:

	Pharma		Beauty + Home		Food + Beverage		Total
Balance as of December 31, 2020	$	436,731	$	333,111	$	128,679	$	898,521
Acquisition	104,433		—		—		104,433
Foreign currency exchange effects	(20,967)		(7,392)		(438)		(28,797)
Balance as of December 31, 2021	$	520,197	$	325,719	$	128,241	$	974,157
Acquisitions	3,029		—		—		3,029
Foreign currency exchange effects	(24,484)		(6,708)		(362)		(31,554)
Balance as of December 31, 2022	$	498,742	$	319,011	$	127,879	$	945,632

Summary of amortized intangible assets

The table below shows a summary of intangible assets for the years ended December 31, 2022 and 2021.

		2022						2021
	Weighted Average Amortization Period (Years)	Gross Carrying Amount		Accumulated Amortization		Net Value		Gross Carrying Amount		Accumulated Amortization		Net Value
Amortized intangible assets:
Patents	8.8	$	8,044	$	(1,968)	$	6,076	$	2,767	$	(1,528)	$	1,239
Acquired technology	11.5	135,191		(56,628)		78,563		140,936		(45,613)		95,323
Customer relationships	13.4	305,994		(99,130)		206,864		311,964		(77,512)		234,452
Trademarks and trade names	7.2	43,998		(28,190)		15,808		44,893		(22,886)		22,007
License agreements and other	38.6	15,425		(6,992)		8,433		16,179		(6,857)		9,322
Total intangible assets	13.2	$	508,652	$	(192,908)	$	315,744	$	516,739	$	(154,396)	$	362,343

Schedule of future estimated amortization expense

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

2023	$	43,723
2024	40,547
2025	39,061
2026	36,863
2027	29,720
2028 and thereafter	125,830