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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2022
Changes in Carrying Amount of Goodwill | The changes in the carrying amount of goodwill are as follows:
Balance at December 31, 2020 |  | $ | 412,486 |
Acquired goodwill |  |  | 21,291 |
Foreign currency translation adjustment |  |  | 242 |
Balance at December 31, 2021 |  |  | 434,019 |
Acquired goodwill |  |  | 60 |
Allocation to intangible assets related to 2021 acquisition |  |  | (596 | )
Foreign currency translation adjustment |  |  | (2,772 | )
Balance at December 31, 2022 |  | $ | 430,711 |
Indefinite and Finite Lived Intangible Assets | Intangible assets are comprised of the following:
December 31, |  |  |  | Estimated Useful Lives |  |  | 2022 |  |  | 2021 |
Indefinite lived intangible assets—Trade names, trademarks, and distribution rights |  |  |  |  |  |  | $ | 154,086 |  |  | $ | 158,389 |
Finite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  |  |  | 7-18 years |  |  |  | 83,943 |  |  |  | 86,526 |
Patented and unpatented technology |  |  |  | 7 years |  |  |  | 1,611 |  |  |  | 1,721 |
Trade name |  |  |  | 10 years |  |  |  | 1,150 |  |  |  | 1,150 |
Accumulated amortization |  |  |  |  |  |  |  | (65,599 | ) |  |  | (60,890 | )
Finite lived intangible assets, net |  |  |  |  |  |  |  | 21,105 |  |  |  | 28,507 |
|  |  |  |  |  |  | $ | 175,191 |  |  | $ | 186,896 |
Amortization Expense Related to Finite Lived Intangible Assets | Based on the finite lived intangible assets recorded at December 31, 2022, annual amortization for the next five years is expected to approximate the following:
2023 |  | $ | 3,200 |
2024 |  | $ | 3,000 |
2025 |  | $ | 3,000 |
2026 |  | $ | 2,800 |
2027 |  | $ | 1,500 |

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