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Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2020

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in the carrying amount of goodwill, by segment

The annual changes in the carrying amount of goodwill, by segment, as of December 31, 2019 and 2020, were as follows, respectively:

(in thousands)			North America						Europe						Asia Pacific						Total
Balance as of January 1, 2019			$	96,435					$	32,471					$	1,344					$	130,250
Goodwill acquired			—						1,815						—						1,815
Foreign exchange			129						14						(9)						134
Reclassifications (1)			(320)						—						—						(320)
Balance as of December 31, 2019			96,244						34,300						1,335						131,879
Goodwill acquired			—						106						—						106
Foreign exchange			67						3,661						139						3,867
Reclassifications			—						(8)						—						(8)
Balance as of December 31, 2020			$	96,311					$	38,059					$	1,474					$	135,844

 (1) Reclassifications during 2019 for an acquisition included the recognition of $481 thousand in non-compete agreements, trademarks and other, with a corresponding reductions of $320 thousand in goodwill and $161 thousand in other assets.

Schedule of changes in the carrying amounts of finite-lived intangible assets subject to amortization

The annual changes in the carrying amounts of patents, unpatented technologies, customer relationships and non-compete agreements and other intangible assets subject to amortization for the years ended December 31, 2020 and 2019 were as follows:

(in thousands)			Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Patents
Balance at January 1, 2019			$	2,109					$	(411)					$	1,698
Purchases of intangibles			2,550						—						2,550
Amortization			—						(150)						(150)
Balance at December 31, 2019			4,659						(561)						4,098
Purchases of intangible assets			40						—						40
Amortization			—						(373)						(373)
Balance at December 31, 2020			$	4,699					$	(934)					$	3,765

(in thousands)			Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Unpatented Technology
Balance at January 1, 2019			$	20,662					$	(12,344)					$	8,318
Amortization			—						(2,017)						(2,017)
Assets acquisitions, net of cash acquired			788						—						788
Foreign exchange			166						—						166
Balance at December 31, 2019			21,616						(14,361)						7,255
Amortization			—						(2,131)						(2,131)
Foreign exchange			488						—						488
Balance at December 31, 2020			$	22,104					$	(16,492)					$	5,612

(in thousands)			Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Non-Compete Agreements, Trademarks and Other
						Balance at January 1, 2019						$	12,225								$	(3,719)					$	8,506
Purchases of intangibles assets - other			2,081						—						2,081
Assets acquisitions, net of cash acquired			6						—						6
Amortization			—						(1,910)						(1,910)
Foreign exchange			10						—						10
Reclassifications(1)			481						—						481
Removal of fully amortized assets			(100)						100						—
Balance at December 31, 2019			14,703						(5,529)						9,174
Purchases of intangible assets - licenses			6,700												6,700
Amortization			—						(2,195)						(2,195)
Foreign exchange			179						—						179
Balance at December 31, 2020			$	21,582					$	(7,724)					$	13,858

(1)Reclassifications during 2019 for an acquisition included $481 thousand recognized for non-compete agreements, trademarks and other, with a corresponding reductions of $320 thousand in goodwill and $161 thousand in other assets.

(in thousands)			Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Customer Relationships
Balance at January 1, 2019			$	17,563					$	(12,299)					$	5,264
Acquisition			124						—						124
Amortization			—						(1,433)						(1,433)
Foreign exchange			(27)						—						(27)
Balance at December 31, 2019			17,660						(13,732)						3,928
Purchases of intangible assets			290						—						290
Amortization			—						(1,443)						(1,443)
Foreign exchange			173						—						173
Balance at December 31, 2020			$	18,123					$	(15,175)					$	2,948

Schedule of estimated future amortization of intangible assets

At December 31, 2020, estimated future amortization of intangible assets was as follows:

(in thousands) 

2021			$	6,304
2022			4,205
2023			3,339
2024			2,290
2025			2,022
Thereafter			8,024
			$	26,184

Schedule of finite-lived intangible assets

Definite-lived and indefinite-lived assets, net, by segment as of December 31, 2020 and 2019 were as follows: 

			December 31, 2019
			Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
(in thousands)
Total Intangible Assets
North America			$	33,756					$	(19,173)					$	14,583
Europe			25,500						(15,012)						10,488
Total			$	59,256					$	(34,185)					$	25,071

			At December 31, 2020
			Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
(in thousands)
Total Intangible Assets
North America			$	40,786					$	(22,697)					$	18,089
Europe			26,341						(17,630)						8,711
Total			$	67,127					$	(40,327)					$	26,800

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
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