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INTANGIBLE ASSETS | 6 Months Ended
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Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | INTANGIBLE ASSETSThe Company had goodwill in the amount of $731,772 and $523,949 as of June 30, 2022 and December 31, 2021, respectively, subject to the provisions of ASC 350, “Intangibles-Goodwill and Other.” The increase in goodwill is the result of the acquisition of Kappa, partially offset by the change due to foreign exchange translation adjustments. Refer to Note 2, "Significant Acquisitions", for more information. Identifiable intangible assets with finite lives at June 30, 2022 and December 31, 2021 are summarized as follows:
|  | Amortization Period (in years) |  | Gross Carrying Amount at 6/30/2022 |  | Accumulated Amortization at 6/30/2022 |  | Gross Carrying Amount at 12/31/2021 |  | Accumulated Amortization at 12/31/2021
Customer relationships & lists |  | 10-20 |  | $ | 350,523 |  |  | $ | 180,638 |  |  | $ | 240,059 |  |  | $ | 173,489 |
Trademarks & trade names |  | 2-17 |  | 48,724 |  |  | 30,968 |  |  | 43,116 |  |  | 28,985 |
Developed technology |  | 5-12 |  | 38,252 |  |  | 14,993 |  |  | 20,234 |  |  | 14,607 |
Other |  | 2-18 |  | 24,687 |  |  | 16,785 |  |  | 23,921 |  |  | 15,584 |
|  |  |  | $ | 462,186 |  |  | $ | 243,384 |  |  | $ | 327,330 |  |  | $ | 232,665 |
Amortization of identifiable intangible assets was approximately $5,850 and $11,761 for the three and six months ended June 30, 2022, respectively, and $6,229 and $12,713 for the three and six months ended June 30, 2021, respectively. Assuming no change in the gross carrying value of identifiable intangible assets, estimated amortization expense is $14,485 for the remainder of 2022, $27,923 for 2023, $19,659 for 2024, $16,117 for 2025, $15,710 for 2026 and $14,949 for 2027. At June 30, 2022 and December 31, 2021, there were no identifiable intangible assets with indefinite useful lives as defined by ASC 350. Identifiable intangible assets are reflected in “Intangible assets with finite lives, net” in the Company’s condensed consolidated balance sheets. There were no changes to the useful lives of intangible assets subject to amortization during the six months ended June 30, 2022 and 2021.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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