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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the years ended December 31, 2023, 2022, and 2021, were as follows:
(in thousands)CAGWaterLPDOtherConsolidated Total
Balance as of December 31, 2020$210,394 $12,023 $14,399 $6,531 $243,347 
Business combinations120,346 — — — 120,346 
Impact of changes in foreign currency exchange rates(3,569)(84)(695)— (4,348)
Balance as of December 31, 2021$327,171 $11,939 $13,704 $6,531 $359,345 
Business combinations1,641 6,857 — — 8,498 
Impact of changes in foreign currency exchange rates(5,330)(897)179 — (6,048)
Balance as of December 31, 2022$323,482 $17,899 $13,883 $6,531 $361,795 
Business combinations— — — — — 
Impact of changes in foreign currency exchange rates2,740 321 1,105 — 4,166 
Balance as of December 31, 2023$326,222 $18,220 $14,988 $6,531 $365,961 
Schedule of Estimated Useful Lives for Intangible Assets
We provide for amortization primarily using the straight-line method by charges to income in amounts that allocate the intangible assets over their estimated useful lives as follows:
Asset Classification Estimated Useful Life
  
Customer-related intangible assets (1)
3 to 17 years
Product rights (2)
 
5 to 15 years
Noncompete agreements 
3 to 5 years
Schedule of Intangible Assets Other Than Goodwill
Intangible assets other than goodwill consisted of the following:
(in thousands)December 31, 2023December 31, 2022
CostAccumulated AmortizationNetCostAccumulated AmortizationNet
Customer-related intangible assets (1)
$102,217 $37,782 $64,435 $104,111 $30,952 $73,159 
Product rights (2)
27,317 8,606 18,711 30,176 8,039 22,137 
Noncompete agreements4,012 2,658 1,354 4,432 2,056 2,376 
$133,546 $49,046 $84,500 $138,719 $41,047 $97,672 
The above table excludes fully amortized intangible assets for the periods presented.
(1)Customer-related intangible assets are comprised of customer lists and customer relationships acquired from third parties.
(2)Product rights comprise certain technologies, intellectual property, licenses, and trade names acquired from third parties.
Schedule of Expected Amortization Expense
At December 31, 2023, the aggregate amortization expense associated with intangible assets is estimated to be as follows for each of the next five years and thereafter:
(in thousands)Amortization Expense
 
2024$12,834 
202512,097 
202611,835 
202710,522 
20289,204 
Thereafter28,008 
$84,500