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Goodwill and Other Intangible Assets (Tables)
 9 Months Ended
Sep. 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 September 30, 2023 and December 31, 2022, is as follows (in thousands):
September 30, 2023December 31, 2022
Goodwill - gross carrying amount$1,152,334 $1,145,023 
Accumulated impairment losses (1)
(110,865)(78,297)
Goodwill - net carrying amount$1,041,469 $1,066,726 
(1) Includes accumulated goodwill impairment expense of $20.6 million recorded at Ergobaby, $65.4 million at Velocity and $24.9 million at Arnold. In the nine months ended September 30, 2023, the Company recorded $32.6 million of goodwill impairment expense at Velocity, and in the year ended December 31, 2022, the Company recorded $20.6 million in goodwill impairment expense at Ergobaby.
The following is a reconciliation of the change in the carrying value of goodwill for the nine months ended September 30, 2023 by operating segment (in thousands):
Balance at January 1, 2023Acquisitions/Measurement Period AdjustmentsGoodwill ImpairmentBalance at September 30, 2023
5.11$92,966 $— $— $92,966 
BOA254,153 — — 254,153 
Ergobaby40,896 — — 40,896 
Lugano86,337 — — 86,337 
Marucci75,719 8,114 — 83,833 
PrimaLoft291,150 (803)— 290,347 
Velocity Outdoor39,773 — (32,568)7,205 
Altor91,129 — — 91,129 
Arnold 39,267 — — 39,267 
Sterno55,336 — — 55,336 
Total$1,066,726 $7,311 $(32,568)$1,041,469 
Summary of Other Intangible Assets
Other intangible assets are comprised of the following at September 30, 2023 and December 31, 2022 (in thousands):
September 30, 2023December 31, 2022
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships$785,303 $(283,325)$501,978 $785,303 $(239,752)$545,551 
Technology and patents226,866 (64,947)161,919 211,648 (52,811)158,837 
Trade names, subject to amortization487,843 (141,556)346,287 483,179 (118,684)364,495 
Non-compete agreements6,424 (4,515)1,909 4,637 (3,824)813 
Other contractual intangible assets1,960 (1,523)437 1,960 (1,185)775 
Total1,508,396 (495,866)1,012,530 1,486,727 (416,256)1,070,471 
Trade names, not subject to amortization56,965 — 56,965 56,965 — 56,965 
In-process research and development (1)
500 — 500 500 — 500 
Total intangibles, net$1,565,861 $(495,866)$1,069,995 $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):
20232024202520262027
$26,523 $104,523 $99,241 $92,863 $82,000