Goodwill and Other Intangibles (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The following table summarizes the changes in goodwill by reportable segment for the years ended December 31, 2020 and 2019 (in thousands):


	Lithium		Bromine Specialties		Catalysts(b)		All Other		Total
Balance at December 31, 2018	$	1,354,779	$	20,319	$	185,485	$	6,586	$	1,567,169
Acquisitions(a)	31,762		—		—		—		31,762
Foreign currency translation adjustments and other	(15,695)		—		(4,451)		—		(20,146)
Balance at December 31, 2019	1,370,846		20,319		181,034		6,586		1,578,785
Acquisitions(a)	4,585		—		—		—		4,585
Foreign currency translation adjustments and other	66,350		—		15,800		—		82,150
Balance at December 31, 2020	$	1,441,781	$	20,319	$	196,834	$	6,586	$	1,665,520

(a) Represents purchase price adjustments for the Wodgina Project acquisition. Amount recorded during the year ended December 31, 2020 represents the finalization of the purchase price during the one-year measurement period. See Note 2, “Acquisitions,” for additional information.

(b) Balance at December 31, 2020 consists of goodwill related to Refining Solutions (composed of our clean fuels technologies (“CFT”) and fluidized catalytic cracking (“FCC”) catalysts and additives businesses) of $189.8 million and performance catalyst solutions (“PCS”) of $7.0 million.

Other Intangibles

Other intangibles consist of the following at December 31, 2020 and 2019 (in thousands):


	Customer Lists and Relationships		Trade Names and Trademarks(a)		Patents and Technology		Other		Total
Gross Asset Value
Balance at December 31, 2018	$	428,372	$	18,453	$	55,801	$	43,708	$	546,334
Foreign currency translation adjustments and other	(5,910)		(366)		(781)		(2,426)		(9,483)
Balance at December 31, 2019	422,462		18,087		55,020		41,282		536,851

Foreign currency translation adjustments and other	26,286		623		3,076		(1,418)		28,567
Balance at December 31, 2020	$	448,748	$	18,710	$	58,096	$	39,864	$	565,418
Accumulated Amortization
Balance at December 31, 2018	$	(95,797)	$	(8,176)	$	(35,248)	$	(20,970)	$	(160,191)
Amortization	(23,020)		—		(1,388)		(2,714)		(27,122)
Foreign currency translation adjustments and other	2,068		238		439		2,339		5,084
Balance at December 31, 2019	(116,749)		(7,938)		(36,197)		(21,345)		(182,229)
Amortization	(22,575)		—		(1,377)		(970)		(24,922)
Foreign currency translation adjustments and other	(7,962)		(238)		(1,926)		964		(9,162)
Balance at December 31, 2020	$	(147,286)	$	(8,176)	$	(39,500)	$	(21,351)	$	(216,313)
Net Book Value at December 31, 2019	$	305,713	$	10,149	$	18,823	$	19,937	$	354,622
Net Book Value at December 31, 2020	$	301,462	$	10,534	$	18,596	$	18,513	$	349,105

(a)Net Book Value includes only indefinite-lived intangible assets.

Total Estimated Amortization Expense of Other Intangibles for Next Five Fiscal Years

Total estimated amortization expense of other intangibles for the next five fiscal years is as follows (in thousands):


	Estimated Amortization Expense
2021	$	24,989
2022	$	24,396
2023	$	23,782
2024	$	23,039
2025	$	22,500