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Goodwill And Other Intangible Assets | 12 Months Ended
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Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill And Other Intangible Assets | Note 5—Goodwill and Other Intangible Assets The changes each year in goodwill allocated to the Company’s reportable segments were as follows:
(in thousands) |  | Americas |  |  | Asia |  |  | Total |
Goodwill as of December 31, 2017 |  | $ | 153,514 |  |  | $ | 38,102 |  |  | $ | 191,616 |
Acquisition |  |  | 500 |  |  |  | — |  |  |  | 500 |
Goodwill as of December 31, 2018 |  | $ | 154,014 |  |  | $ | 38,102 |  |  | $ | 192,116 |
Goodwill as of December 31, 2019 |  | $ | 154,014 |  |  | $ | 38,102 |  |  | $ | 192,116 |
Goodwill as of December 31, 2020 |  | $ | 154,014 |  |  | $ | 38,102 |  |  | $ | 192,116 |
During 2018, the Company completed an individually immaterial business acquisition for $2.7 million. See Note 2. Other assets, net consist primarily of acquired identifiable intangible assets and capitalized purchased software costs. Acquired identifiable intangible assets and purchased software as of December 31, 2020 and 2019 were as follows:
(in thousands) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Customer relationships |  | $ | 100,228 |  |  | $ | (53,429 | ) |  | $ | 46,799 |
Purchased software costs |  |  | 46,183 |  |  |  | (33,307 | ) |  |  | 12,876 |
Technology licenses |  |  | 28,800 |  |  |  | (26,833 | ) |  |  | 1,967 |
Trade names and trademarks |  |  | 7,800 |  |  |  | — |  |  |  | 7,800 |
Other |  |  | 868 |  |  |  | (333 | ) |  |  | 535 |
Intangible assets, December 31, 2020 |  | $ | 183,879 |  |  | $ | (113,902 | ) |  | $ | 69,977 |
(in thousands) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Customer relationships |  | $ | 100,123 |  |  | $ | (46,981 | ) |  | $ | 53,142 |
Purchased software costs |  |  | 41,604 |  |  |  | (32,012 | ) |  |  | 9,592 |
Technology licenses |  |  | 28,800 |  |  |  | (24,100 | ) |  |  | 4,700 |
Trade names and trademarks |  |  | 7,800 |  |  |  | — |  |  |  | 7,800 |
Other |  |  | 868 |  |  |  | (309 | ) |  |  | 559 |
Intangible assets, December 31, 2019 |  | $ | 179,195 |  |  | $ | (103,402 | ) |  | $ | 75,793 |
Customer relationships are being amortized on a straight-line basis over a period of 10 to 14 years. Capitalized purchased software costs are amortized straight-line over the estimated useful life of the related software, which ranges from 2 to 14 years. Technology licenses are being amortized over their estimated useful lives in proportion to the economic benefits consumed. During 2020, 2019 and 2018, $4.9 million, $2.5 million and $3.9 million, respectively, of purchased software costs were capitalized. Amortization on the statements of cash flow for 2020, 2019 and 2018 was as follows:
|  | Year Ended December 31, |
(in thousands) |  | 2020 |  |  | 2019 |  |  | 2018 |
Amortization of intangible assets |  | $ | 9,099 |  |  | $ | 9,461 |  |  | $ | 9,485 |
Amortization of capitalized purchased software costs |  |  | 1,493 |  |  |  | 1,393 |  |  |  | 1,198 |
Amortization of debt costs |  |  | 461 |  |  |  | 461 |  |  |  | 2,717 |
|  | $ | 11,053 |  |  | $ | 11,315 |  |  | $ | 13,400 |
The estimated future amortization expense of acquired intangible assets for each of the next five years is as follows (in thousands):
Year ending December 31, |  | Amount |
2021 |  | $ | 6,647 |
2022 |  |  | 6,766 |
2023 |  |  | 6,408 |
2024 |  |  | 5,277 |
2025 |  |  | 5,215 |

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