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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of changes in the carrying amount of goodwill | The changes in the carrying amount of goodwill by reporting segment since December 31, 2020 are as follows:
| Pharma |  | Beauty + Home |  | Food + Beverage |  | Corporate & Other |  | Total
Goodwill | $ | 436,731 |  |  | $ | 333,111 |  |  | $ | 128,679 |  |  | $ | 1,615 |  |  | $ | 900,136 |
Accumulated impairment losses | — |  |  | — |  |  | — |  |  | (1,615) |  |  | (1,615) |
Balance as of December 31, 2020 | $ | 436,731 |  |  | $ | 333,111 |  |  | $ | 128,679 |  |  | $ | — |  |  | $ | 898,521 |
Foreign currency exchange effects | (7,427) |  |  | (3,167) |  |  | (186) |  |  | — |  |  | (10,780) |
Goodwill | $ | 429,304 |  |  | $ | 329,944 |  |  | $ | 128,493 |  |  | $ | 1,615 |  |  | $ | 889,356 |
Accumulated impairment losses | — |  |  | — |  |  | — |  |  | (1,615) |  |  | (1,615) |
Balance as of June 30, 2021 | $ | 429,304 |  |  | $ | 329,944 |  |  | $ | 128,493 |  |  | $ | — |  |  | $ | 887,741 |
Summary of amortized intangible assets | The table below shows a summary of intangible assets as of June 30, 2021 and December 31, 2020.
|  |  | June 30, 2021 |  | December 31, 2020
Weighted Average Amortization Period (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Value
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 13.8 |  | $ | 2,822 |  |  | $ | (1,465) |  |  | $ | 1,357 |  |  | $ | 2,861 |  |  | $ | (1,477) |  |  | $ | 1,384 |
Acquired technology | 12.2 |  | 110,171 |  |  | (41,264) |  |  | 68,907 |  |  | 111,854 |  |  | (36,943) |  |  | 74,911 |
Customer relationships | 13.5 |  | 284,613 |  |  | (67,039) |  |  | 217,574 |  |  | 286,644 |  |  | (56,714) |  |  | 229,930 |
Trademarks and trade names | 6.8 |  | 45,653 |  |  | (20,286) |  |  | 25,367 |  |  | 46,174 |  |  | (17,437) |  |  | 28,737 |
License agreements and other | 38.3 |  | 15,220 |  |  | (6,410) |  |  | 8,810 |  |  | 19,208 |  |  | (9,861) |  |  | 9,347 |
Total intangible assets | 13.4 |  | $ | 458,479 |  |  | $ | (136,464) |  |  | $ | 322,015 |  |  | $ | 466,741 |  |  | $ | (122,432) |  |  | $ | 344,309 |
Schedule of future estimated amortization expense | Future estimated amortization expense for the years ending December 31 is as follows:
2021 | $ | 19,989 |  |  | (remaining estimated amortization for 2021)
2022 | 38,319 |  |  |
2023 | 38,236 |  |  |
2024 | 35,097 |  |  |
2025 and thereafter | 190,374 |  |  |

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