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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
The table below presents changes in the carrying amount of goodwill and our accumulated impairment losses (in thousands):
Goodwill (gross) at December 31, 2021
$701,753 
Acquired goodwill5,500 
Foreign currency translation and other adjustments(1,266)
Goodwill (gross) at December 31, 2022
705,987 
Accumulated impairment losses at December 31, 2021
(13,389)
Goodwill impairment(605)
Accumulated impairment losses at December 31, 2022
(13,994)
Goodwill (net) at December 31, 2022
$691,993 
Goodwill (gross) at December 31, 2022
$705,987 
Acquired goodwill8,137 
Foreign currency translation and other adjustments498 
Goodwill (gross) at December 31, 2023
714,622 
Accumulated impairment losses at December 31, 2022
(13,994)
Goodwill impairment(550)
Accumulated impairment losses at December 31, 2023
(14,544)
Goodwill (net) at December 31, 2023
$700,078 
Other intangible assets
Other intangible assets consisted of the following (in thousands):
 December 31,Weighted Average Useful Life
 20232022
Intangibles GrossAccumulated AmortizationIntangibles NetIntangibles GrossAccumulated AmortizationIntangibles Net
Horizon tradename$8,400 $ $8,400 $8,400 $— $8,400 Indefinite
Pinch A Penny brand name169,000  169,000 169,000 — 169,000 Indefinite
National Pool Tile (NPT) tradename1,500 (1,187)313 1,500 (1,112)388 20
Non-compete agreements6,206 (3,258)2,948 6,022 (2,533)3,489 4.64
Customer relationships109,000 (11,125)97,875 109,000 (5,677)103,323 20
Franchise agreements22,000 (2,254)19,746 22,000 (1,150)20,850 20
Total other intangibles$316,106 $(17,824)$298,282 $315,922 $(10,472)$305,450 
Estimated amortization expense for other intangible assets for next five years
The table below presents estimated amortization expense for other intangible assets for the next five years (in thousands):
2024$7,794 
20257,676 
20267,143 
20276,790 
20286,619