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Goodwill and Other Intangibles (Tables)
 9 Months Ended
Sep. 30, 2023
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, 2023

 

 

December 31, 2022

 

 

 

Gross Carrying

 

 

Accumulated

 

 

Gross Carrying

 

 

Accumulated

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

$

4,806

 

 

$

(4,806

)

 

$

4,806

 

 

$

(4,806

)

Land use rights

 

 

1,020

 

 

 

(283

)

 

 

1,175

 

 

 

(414

)

Trademark

 

 

1,974

 

 

 

(1,658

)

 

 

1,963

 

 

 

(1,576

)

Technology

 

 

6,813

 

 

 

(3,477

)

 

 

6,950

 

 

 

(3,189

)

Customer relationships

 

 

18,568

 

 

 

(10,229

)

 

 

18,637

 

 

 

(9,464

)

 

 

$

33,181

 

 

$

(20,453

)

 

$

33,531

 

 

$

(19,449

)

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

28,447

 

 

 

 

 

$

28,004

 

 

 

 
Changes in Carrying Amount of Goodwill by Segment Changes in the carrying amount of goodwill by reporting unit are shown in the following table:

 

 

PLP-USA

 

 

The Americas

 

 

EMEA

 

 

Asia-Pacific

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2023

 

$

3,078

 

 

$

9,597

 

 

$

15,329

 

 

$

—

 

 

$

28,004

 

Acquisitions

 

 

—

 

 

 

387

 

 

 

20

 

 

 

—

 

 

 

407

 

Currency translation

 

 

—

 

 

 

293

 

 

 

(257

)

 

 

—

 

 

 

36

 

Balance at September 30, 2023

 

$

3,078

 

 

$

10,277

 

 

$

15,092

 

 

$

—

 

 

$

28,447

 

See note 14 for additional information about acquisitions of businesses.