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Goodwill and Other Intangibles (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Finite and Indefinite-Lived Intangible Assets

The Company’s finite and indefinite-lived intangible assets consist of the following:

 

 

 

September 30, 2022

 

 

December 31, 2021

 

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

Finite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

$

4,806

 

 

$

(4,806

)

 

$

4,806

 

 

$

(4,806

)

Land use rights

 

 

1,105

 

 

 

(404

)

 

 

1,293

 

 

 

(437

)

Trademarks

 

 

1,896

 

 

 

(1,494

)

 

 

1,837

 

 

 

(1,533

)

Technology

 

 

6,446

 

 

 

(2,869

)

 

 

7,306

 

 

 

(2,830

)

Customer relationships

 

 

17,899

 

 

 

(8,861

)

 

 

15,046

 

 

 

(8,643

)

 

 

$

32,152

 

 

$

(18,434

)

 

$

30,288

 

 

$

(18,249

)

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

26,347

 

 

 

 

 

$

28,194

 

 

 

 

Changes in Carrying Amount of Goodwill by Segment

The Company’s only intangible asset with an indefinite life is goodwill. The changes in the carrying amount of goodwill, by segment, for the nine months ended September 30, 2022 are as follows:

 

 

 

USA

 

 

The Americas

 

 

EMEA

 

 

Asia-Pacific

 

 

Total

 

Balance at January 1, 2021

 

$

3,078

 

 

$

4,251

 

 

$

14,449

 

 

$

7,730

 

 

$

29,508

 

Currency translation

 

 

 

 

 

(7

)

 

 

(888

)

 

 

(419

)

 

 

(1,314

)

Balance at December 31, 2021

 

 

3,078

 

 

 

4,244

 

 

 

13,561

 

 

 

7,311

 

 

 

28,194

 

Acquisitions

 

 

 

 

 

5,068

 

 

 

2,455

 

 

 

 

 

 

7,523

 

Impairments

 

 

 

 

 

 

 

 

 

 

 

(6,529

)

 

 

(6,529

)

Currency translation

 

 

 

 

 

56

 

 

 

(2,115

)

 

 

(782

)

 

 

(2,841

)

Balance at September 30, 2022

 

$

3,078

 

 

$

9,368

 

 

$

13,901

 

 

$

 

 

$

26,347