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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Reconciliation of Change in Carrying Value of Goodwill | summary of the net carrying amount of goodwill at June 30, 2023 and December 31, 2022, is as follows (in thousands):
| Six months ended June 30, 2023 |  | Year ended December 31, 2022
Goodwill - gross carrying amount | $ | 1,151,248 |  |  | $ | 1,145,023 |
Accumulated impairment losses (1) | (78,297) |  |  | (78,297) |
Goodwill - net carrying amount | $ | 1,072,951 |  |  | $ | 1,066,726 |
(1) Includes goodwill impairment expense of $20.6 million recorded at Ergobaby, $32.9 million at Velocity and $24.9 million at Arnold. The following is a reconciliation of the change in the carrying value of goodwill for the six months ended June 30, 2023 by operating segment (in thousands):
|  | Balance at January 1, 2023 |  | Acquisitions/Measurement Period Adjustments |  |  |  |  |  |  |  | Balance at June 30, 2023
5.11 |  | $ | 92,966 |  |  | $ | — |  |  |  |  |  |  |  |  | $ | 92,966 |
BOA |  | 254,153 |  |  | — |  |  |  |  |  |  |  |  | 254,153 |
Ergobaby |  | 40,896 |  |  | — |  |  |  |  |  |  |  |  | 40,896 |
Lugano |  | 86,337 |  |  | — |  |  |  |  |  |  |  |  | 86,337 |
Marucci |  | 75,719 |  |  | 7,028 |  |  |  |  |  |  |  |  | 82,747 |
PrimaLoft |  | 291,150 |  |  | (803) |  |  |  |  |  |  |  |  | 290,347 |
Velocity Outdoor |  | 39,773 |  |  | — |  |  |  |  |  |  |  |  | 39,773 |
Altor |  | 91,129 |  |  | — |  |  |  |  |  |  |  |  | 91,129 |
Arnold |  | 39,267 |  |  | — |  |  |  |  |  |  |  |  | 39,267 |
Sterno |  | 55,336 |  |  | — |  |  |  |  |  |  |  |  | 55,336 |
Total |  | $ | 1,066,726 |  |  | $ | 6,225 |  |  |  |  |  |  |  |  | $ | 1,072,951 |
Summary of Other Intangible Assets | Other intangible assets are comprised of the following at June 30, 2023 and December 31, 2022 (in thousands):
| June 30, 2023 |  | December 31, 2022
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships | $ | 785,303 |  |  | $ | (268,811) |  |  | $ | 516,492 |  |  | $ | 785,303 |  |  | $ | (239,752) |  |  | $ | 545,551 |
Technology and patents | 226,580 |  |  | (60,717) |  |  | 165,863 |  |  | 211,648 |  |  | (52,811) |  |  | 158,837 |
Trade names, subject to amortization | 487,823 |  |  | (133,907) |  |  | 353,916 |  |  | 483,179 |  |  | (118,684) |  |  | 364,495 |
Non-compete agreements | 6,424 |  |  | (4,450) |  |  | 1,974 |  |  | 4,637 |  |  | (3,824) |  |  | 813 |
Other contractual intangible assets | 1,960 |  |  | (1,410) |  |  | 550 |  |  | 1,960 |  |  | (1,185) |  |  | 775 |
Total | 1,508,090 |  |  | (469,295) |  |  | 1,038,795 |  |  | 1,486,727 |  |  | (416,256) |  |  | 1,070,471 |
Trade names, not subject to amortization | 56,965 |  |  | — |  |  | 56,965 |  |  | 56,965 |  |  | — |  |  | 56,965 |
In-process research and development (1) | 500 |  |  | — |  |  | 500 |  |  | 500 |  |  | — |  |  | 500 |
Total intangibles, net | $ | 1,565,555 |  |  | $ | (469,295) |  |  | $ | 1,096,260 |  |  | $ | 1,544,192 |  |  | $ | (416,256) |  |  | $ | 1,127,936 |
Summary of Estimated Charges to Amortization Expense of Intangible Assets | Estimated charges to amortization expense of intangible assets for the remainder of 2023 and the next four years, is as follows (in thousands):
2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  |  |
$ | 53,095 |  |  | $ | 104,508 |  |  | $ | 99,215 |  |  | $ | 92,873 |  |  | $ | 82,018 |  |  |  |

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