Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill, by segment

Goodwill consisted of the following: 

	At September 30,				At December 31,
(in thousands)	2022		2021		2021
North America	$	96,087	$	96,306	$	96,307
Europe	370,669		35,816		36,331
Asia/Pacific	1,234		1,373		1,384
Total	$	467,990	$	133,495	$	134,022

Schedule of net intangible assets, by segment

ntangible assets, net, consisted of the following:

	At September 30, 2022
	Gross				Net
	Carrying		Accumulated		Carrying
(in thousands)	Amount		Amortization		Amount
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
	Gross				Net
(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
	Gross				Net
(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

Schedule of estimated future amortization of intangible assets

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
2023	20,275
2024	19,334
2025	19,085
2026	18,422
2027	18,275
Thereafter	146,392
	$	247,055

Changes in the carrying amount of goodwill and intangible assets

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)	Goodwill		Assets
Balance at December 31, 2021	$	134,022	$	26,269
Acquisition of ETANCO	368,673		357,402
Reclassifications	—		(95)
Amortization	—		(11,846)
Foreign exchange	(34,705)		(41,197)
Balance at September 30, 2022	$	467,990	$	330,533