XML 41 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

The changes in the carrying amount of goodwill and accumulated impairment loss during the nine months ended September 30, 2022 were as follows:

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Impairment
Loss

 

 

Net

 

Beginning balance, January 1

 

$

1,373

 

 

$

(145

)

 

$

1,228

 

Acquired goodwill(1)

 

 

2,720

 

 

 

—

 

 

 

2,720

 

Foreign currency translation

 

 

(97

)

 

 

—

 

 

 

(97

)

Ending balance, September 30

 

$

3,996

 

 

$

(145

)

 

$

3,851

 

 

(1)
During the three months ended September 30, 2022, the Company recorded goodwill related to the Atotech Acquisition.
Intangible Assets

Components of the Company's intangible assets are comprised of the following:

 

As of September 30, 2022:

 

Gross

 

 

Accumulated
Amortization and Impairment Charges

 

 

Foreign
Currency
Translation

 

 

Net

 

Completed technology(1)

 

$

1,369

 

 

$

(280

)

 

$

(23

)

 

$

1,066

 

Customer relationships(1)

 

 

2,398

 

 

 

(155

)

 

 

(65

)

 

 

2,178

 

Patents, trademarks, trade names and other (1)

 

 

481

 

 

 

(62

)

 

 

(10

)

 

 

409

 

 

 

$

4,248

 

 

$

(497

)

 

$

(98

)

 

$

3,653

 

 

(1)
During the three months ended September 30, 2022, the Company recorded $3,251 of separately identified intangible assets related to the Atotech Acquisition, including $813 in completed technology, $2,080 in customer relationships and $358 in patents, trademarks, trade names and other.

 

As of December 31, 2021:

 

Gross

 

 

Accumulated
Amortization and Impairment Charges

 

 

Foreign
Currency
Translation

 

 

Net

 

Completed technology(1)

 

$

556

 

 

$

(242

)

 

$

—

 

 

$

314

 

Customer relationships(1)

 

 

318

 

 

 

(126

)

 

 

—

 

 

 

192

 

Patents, trademarks, trade names and other(1)

 

 

123

 

 

 

(52

)

 

 

(1

)

 

 

70

 

 

 

$

997

 

 

$

(420

)

 

$

(1

)

 

$

576

 

 

(1)
During the twelve months ended December 31, 2021, the Company recorded $121 of separately identified intangible assets related to its acquisition of Photon Control, including $110 in completed technology, $9 in customer relationships and $2 in patents, trademarks, trade names and other.
Estimated Net Amortization Expense Aggregate net amortization expense related to acquired intangible assets for future years is as follows:

 

Year

 

Amount

 

2022 (remaining)

 

$

83

 

2023

 

 

327

 

2024

 

 

326

 

2025

 

 

325

 

2026

 

 

310

 

2027

 

 

296

 

Thereafter

 

 

1,930