GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

Changes in the carrying amount of goodwill for the six-month period ended June 30, 2022 were as follows:


Dollars in thousands	Codman Specialty Surgical		Tissue Technologies		Total
Goodwill at December 31, 2021	$	663,428	$	350,030	$	1,013,458
Transfer to assets held for sale(1)	—		(5,083)		(5,083)
Foreign currency translation	(11,822)		(6,147)		(17,969)
Goodwill at June 30, 2022	$	651,606	$	338,800	$	990,406

(1) See Note 2. Assets and Liabilities Held for Sale

Other Intangible Assets

The components of the Company’s identifiable intangible assets were as follows:


	June 30, 2022
Dollars in thousands	Weighted Average Life	Cost		Accumulated Amortization		Net
Completed technology	18 years	$	1,122,233	$	(336,288)	$	785,945
Customer relationships	12 years	$	192,929	$	(140,184)	$	52,745
Trademarks/brand names	28 years	$	96,745	$	(32,847)	$	63,898
Codman tradename	Indefinite	$	164,150	$	—	$	164,150
Supplier relationships	30 years	$	30,211	$	(16,681)	$	13,530
All other	11 years	$	5,859	$	(3,852)	$	2,007
		$	1,612,127	$	(529,852)	$	1,082,275


	December 31, 2021
Dollars in thousands	Weighted Average Life	Cost		Accumulated Amortization		Net
Completed technology	18 years	$	1,132,954	$	(307,013)	$	825,941
Customer relationships	12 years	211,344		(142,755)		68,589
Trademarks/brand names	28 years	98,367		(31,468)		66,899
Codman tradename	Indefinite	167,758		—		167,758
Supplier relationships	30 years	30,211		(16,192)		14,019
All other	11 years	6,258		(3,891)		2,367
		$	1,646,892	$	(501,319)	$	1,145,573

At June 30, 2022, $10.5 million of customer relationships, net were presented separately as "assets held for sale" in conjunction with the sale of the TWC business. See Note 2. Assets and Liabilities Held for Sale.

Based on quarter-end exchange rates, amortization expense (including amounts reported in cost of goods sold) is expected to be approximately $38.4 million for the remainder of 2022, $76.5 million in 2023, $75.8 million in 2024, $75.8 million in 2025, $75.7 million in 2026, $73.7 million in 2027 and $499.8 million thereafter.