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GOODWILL AND INTANGIBLE ASSETS | 12 Months Ended
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Dec. 31, 2019
GOODWILL AND INTANGIBLE ASSETS | 14. GOODWILL AND INTANGIBLE ASSETS The changes in the carrying amount of goodwill are as follows:
Balance at December 31, 2017 |  | $ | 382,729 |
Acquired goodwill |  |  | 13,301 |
Foreign currency translation adjustment |  |  | (4,032 | )
Balance at December 31, 2018 |  |  | 391,998 |
Acquired goodwill |  |  | 16,742 |
Foreign currency translation adjustment |  |  | 2,477 |
Balance at December 31, 2019 |  | $ | 411,217 |
Intangible assets are comprised of the following:
December 31, |  | Estimated Useful Lives |  |  | 2019 |  |  | 2018 |
Indefinite lived intangible assets - Trade names, trademarks and distribution rights |  |  |  |  |  | $ | 138,647 |  |  | $ | 119,188 |
Finite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  |  | 7-18 years |  |  |  | 79,911 |  |  |  | 69,593 |
Patented and unpatented technology |  |  | 7 years |  |  |  | 1,680 |  |  |  | 1,600 |
Trade name |  |  | 10 years |  |  |  | 1,150 |  |  |  | 1,150 |
Accumulated amortization |  |  |  |  |  |  | (49,384 | ) |  |  | (43,680 | )
Finite lived intangible assets, net |  |  |  |  |  |  | 33,357 |  |  |  | 28,663 |
|  |  |  |  |  | $ | 172,004 |  |  | $ | 147,851 |
Amortization expense related to finite lived intangible assets included in selling, general and administrative expenses for the years ended December 31, 2019, 2018 and 2017, were $5,704, $5,348 and $5,263, respectively. Annual amortization of finite lived intangible assets for the next five years is expected to approximate the following:
2020 |  | $ | 5,800 |
2021 |  | $ | 4,900 |
2022 |  | $ | 4,100 |
2023 |  | $ | 3,500 |
2024 |  | $ | 3,300 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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Namespace Prefix: | us-gaap_
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Period Type: | duration