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Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets, net
 
Goodwill consisted of the following: 
 At September 30,At December 31,
(in thousands)202220212021
North America$96,087 $96,306 $96,307 
Europe370,669 35,816 36,331 
Asia/Pacific1,234 1,373 1,384 
Total$467,990 $133,495 $134,022 
 
Goodwill totaled $468.0 million as of September 30, 2022, including $337.3 million attributable to the ETANCO acquisition.

Amortizable intangible assets, net, consisted of the following:
 At September 30, 2022
 GrossNet
 CarryingAccumulatedCarrying
(in thousands)
AmountAmortizationAmount
North America
$46,717 $(28,922)$17,795 
Europe
342,407 (29,669)312,738 
Total
$389,124 $(58,591)$330,533 
 
 At September 30, 2021
 GrossNet
(in thousands)
Carrying
Amount
Accumulated
Amortization
Carrying
Amount
North America
$41,003 $(25,563)$15,440 
Europe
26,361 (19,724)6,637 
   Total$67,364 $(45,287)$22,077 
 
 At December 31, 2021
 GrossNet
(in thousands)
Carrying
Amount
Accumulated
Amortization
Carrying
Amount
North America
$46,643 $(26,346)$20,297 
Europe
26,371 (20,399)5,972 
Total
$73,014 $(46,745)$26,269 
 
Intangible assets consist of definite-lived and indefinite-lived assets. Definite-lived intangible assets include customer relationships, patents, unpatented technology, and non-compete agreements. Amortization expense of definite-lived intangible assets was $5.4 million and $1.5 million for the three months ended September 30, 2022 and 2021, respectively and was $11.8 million and $5.0 million for the nine months ended September 30, 2022 and 2021, respectively. The weighted-average amortization period for all amortizable intangibles on a combined basis is 9.3 years.

Indefinite-lived intangible assets totaled $83.4 million as of September 30, 2022, including $82.8 million attributable to trade names acquired in the ETANCO acquisition.

At September 30, 2022, the estimated future amortization of definite-lived intangible assets was as follows: 
(in thousands) 
Remaining three months of 2022$5,272 
202320,275 
202419,334 
202519,085 
202618,422 
202718,275 
Thereafter146,392 
$247,055 
 
The changes in the carrying amount of goodwill and intangible assets for the nine months ended September 30, 2022, were as follows: 
  Intangible
(in thousands)GoodwillAssets
Balance at December 31, 2021$134,022 $26,269 
Acquisition of ETANCO368,673 357,402 
Reclassifications— (95)
Amortization— (11,846)
Foreign exchange(34,705)(41,197)
Balance at September 30, 2022$467,990 $330,533