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Goodwill and Related Intangible Assets
 6 Months Ended
Jun. 30, 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 six months ended June 30, 2022 are as follows (in thousands):
RenewablesResidentialAgtechInfrastructureTotal
Balance at December 31, 2021$188,680 $205,452 $85,132 $31,678 $510,942 
Adjustments to prior year acquisitions904 — — — 904 
Foreign currency translation(1,980)— (509)— (2,489)
Balance at June 30, 2022$187,604 $205,452 $84,623 $31,678 $509,357 

The Company is required to regularly assess whether a triggering event has occurred which would require interim impairment testing. The Company determined that no triggering event had occurred as of June 30, 2022 which would require an interim impairment test to be performed.

Acquired Intangible Assets
Acquired intangible assets consist of the following (in thousands):
 June 30, 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:
Trademarks5,504 4,268 5,521 4,011 
Unpatented technology34,322 20,941 38,474 20,656 
Customer relationships103,160 42,201 108,591 39,832 
Non-compete agreements2,382 1,933 2,686 1,969 
Backlog6,891 6,891 7,200 7,200 
152,259 76,234 162,472 73,668 
Total acquired intangible assets$204,959 $76,234 $215,172 $73,668 
The following table summarizes the acquired intangible asset amortization expense for the three and six months ended June 30 (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2022202120222021
Amortization expense$2,819 $4,736 $5,917 $9,479 
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$5,412 $10,177 $9,996 $9,856 $8,415 $6,754