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Goodwill and Related Intangible Assets
 3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND RELATED INTANGIBLE ASSETS GOODWILL AND RELATED INTANGIBLE ASSETS
Goodwill
The changes in the carrying amount of goodwill for the three months ended March 31, 2022 are as follows (in thousands):
RenewablesResidentialAgtechInfrastructureTotal
Balance at December 31, 2021$188,680 $205,452 $85,132 $31,678 $510,942 
Foreign currency translation(707)— 305 — (402)
Balance at March 31, 2022$187,973 $205,452 $85,437 $31,678 $510,540 

The Company is required to regularly assess whether a triggering event has occurred which would require interim impairment testing. The Company determined that a triggering event has not occurred as of March 31, 2022 which would require an interim impairment test to be performed.

Acquired Intangible Assets
Acquired intangible assets consist of the following (in thousands):
 March 31, 2022December 31, 2021
 Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
Indefinite-lived intangible assets:
Trademarks$52,700 $— $52,700 $— 
Finite-lived intangible assets:
Trademarks5,540 4,161 5,521 4,011 
Unpatented technology34,425 20,365 38,474 20,656 
Customer relationships104,252 40,777 108,591 39,832 
Non-compete agreements2,389 1,896 2,686 1,969 
Backlog6,910 6,910 7,200 7,200 
153,516 74,109 162,472 73,668 
Total acquired intangible assets$206,216 $74,109 $215,172 $73,668 
The following table summarizes the acquired intangible asset amortization expense for the three months ended March 31 (in thousands):
Three Months Ended
March 31,
20222021
Amortization expense$3,098 $4,743 
Amortization expense related to acquired intangible assets for the remainder of fiscal 2022 and the next five years thereafter is estimated as follows (in thousands):
202220232024202520262027
Amortization expense$8,261 $10,221 $10,040 $9,900 $8,435 $6,756