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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Amount of Goodwill and Other Intangible Assets | The following table presents the changes in the carrying amount of goodwill and other intangible assets during the year ended December 31, 2022 (in thousands):
| Goodwill |  | Other Intangible Assets |  | Total
Balances as of December 31, 2021 | $ | 296,541 |  |  | $ | 79,205 |  |  | $ | 375,746 |
Translation adjustment | (1,290) |  |  | (136) |  |  | (1,426) |
Acquisitions | 38,508 |  |  | 19,430 |  |  | 57,938 |
Amortization | — |  |  | (18,915) |  |  | (18,915) |
Balances as of December 31, 2022 | $ | 333,759 |  |  | $ | 79,584 |  |  | $ | 413,343 |
The following table presents the changes in the carrying amount of goodwill and other intangible assets during the year ended December 31, 2021 (in thousands):
| Goodwill |  | Other Intangible Assets |  | Total
Balances as of December 31, 2020 | $ | 249,751 |  |  | $ | 80,088 |  |  | $ | 329,839 |
Translation adjustment | 51 |  |  | 55 |  |  | 106 |
Acquisitions | 46,739 |  |  | 16,259 |  |  | 62,998 |
Amortization | — |  |  | (17,197) |  |  | (17,197) |
Balances as of December 31, 2021 | $ | 296,541 |  |  | $ | 79,205 |  |  | $ | 375,746 |
Schedule of Goodwill Balance by Reportable Segment | The following table presents the goodwill balance by reportable segment as of December 31, 2022 and 2021 (in thousands):
| As of December 31,
| 2022 |  | 2021
Service Centers | $ | 269,106 |  |  | $ | 239,371 |
Innovative Pumping Solutions | 47,514 |  |  | 40,031 |
Supply Chain Services | 17,139 |  |  | 17,139 |
Total | $ | 333,759 |  |  | $ | 296,541 |
Schedule of Future Amortization Expense of Other Intangible Assets | The estimated future annual amortization of intangible assets for each of the next five years and thereafter are as follows (in thousands):
2023 | $ | 18,262 |
2024 | 15,403 |
2025 | 13,941 |
2026 | 11,328 |
2027 | 9,777 |
Thereafter | 10,873 |
Total | $ | 79,584 |

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