XML 43 R33.htm IDEA: XBRL DOCUMENT
v3.21.1

Goodwill and Intangible Assets (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill | The changes in the carrying amount of goodwill and accumulated impairment loss during the three months ended March 31, 2021 and year ended December 31, 2020 were as follows:
|  | Three Months Ended March 31, 2021 |  |  | Twelve Months Ended December 31, 2020 |
|  | Gross Carrying Amount |  |  | Accumulated Impairment Loss |  |  | Net |  |  | Gross Carrying Amount |  |  | Accumulated Impairment Loss |  |  | Net |
Beginning balance at January 1 |  | $ | 1,211.8 |  |  | $ | (145.4 | ) |  | $ | 1,066.4 |  |  | $ | 1,202.8 |  |  | $ | (144.3 | ) |  | $ | 1,058.5 |
Impairment of goodwill(1) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1.1 | ) |  |  | (1.1 | )
Foreign currency translation |  |  | (4.3 | ) |  |  | — |  |  |  | (4.3 | ) |  |  | 9.0 |  |  |  | — |  |  |  | 9.0 |
Ending balance at March 31, 2021 and December 31, 2020 |  | $ | 1,207.5 |  |  | $ | (145.4 | ) |  | $ | 1,062.1 |  |  | $ | 1,211.8 |  |  | $ | (145.4 | ) |  | $ | 1,066.4 |
| (1) | During the twelve months ended December 31, 2020, the Company recorded $1.1 of goodwill impairment charges related to the pending closure of a facility in Europe.
Intangible Assets | Intangible Assets Components of the Company’s intangible assets are comprised of the following:
As of March 31, 2021: |  | Gross |  |  | Accumulated Impairment Charges |  |  | Accumulated Amortization |  |  | Foreign Currency Translation |  |  | Net |
Completed technology |  | $ | 446.4 |  |  | $ | (0.1 | ) |  | $ | (216.4 | ) |  | $ | (0.1 | ) |  | $ | 229.8 |
Customer relationships |  |  | 308.2 |  |  |  | (1.4 | ) |  |  | (109.8 | ) |  |  | 0.3 |  |  |  | 197.3 |
Patents, trademarks, trade names and other |  |  | 120.9 |  |  |  | — |  |  |  | (49.4 | ) |  |  | (0.2 | ) |  |  | 71.3 |
|  | $ | 875.5 |  |  | $ | (1.5 | ) |  | $ | (375.6 | ) |  | $ | — |  |  | $ | 498.4 |
As of December 31, 2020: |  | Gross |  |  | Accumulated Impairment Charges |  |  | Accumulated Amortization |  |  | Foreign Currency Translation |  |  | Net |
Completed technology |  | $ | 446.4 |  |  | $ | (0.1 | ) |  | $ | (209.8 | ) |  | $ | (0.1 | ) |  | $ | 236.4 |
Customer relationships |  |  | 308.2 |  |  |  | (1.4 | ) |  |  | (104.8 | ) |  |  | 1.7 |  |  |  | 203.7 |
Patents, trademarks, trade names and other |  |  | 120.9 |  |  |  | — |  |  |  | (48.6 | ) |  |  | (0.2 | ) |  |  | 72.1 |
|  | $ | 875.5 |  |  | $ | (1.5 | ) |  | $ | (363.2 | ) |  | $ | 1.4 |  |  | $ | 512.2 |
Estimated Net Amortization Expense | Aggregate net amortization expense related to acquired intangible assets for future years is as follows:
Year |  | Amount |
2021 (remaining) |  | $ | 35.6 |
2022 |  | $ | 45.5 |
2023 |  | $ | 45.1 |
2024 |  | $ | 44.2 |
2025 |  | $ | 43.2 |
2026 |  | $ | 132.8 |
Thereafter |  | $ | 96.1 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration