Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets (Tables)

v3.22.4
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the years ended December 31, 2022 and 2021 is summarized as follows:
Ecoservices Catalyst Technologies Total
Balance as of December 31, 2020 $ 311,892  $ 79,673  $ 391,565 
Goodwill recognized (Note 6)
 14,778  —  14,778 
Foreign exchange impact —  (204) (204)
Balance as of December 31, 2021 326,670  79,469  406,139 
Goodwill adjustments (1)
(81) —  (81)
Foreign exchange impact —  (2,895) (2,895)
Balance as of December 31, 2022 $ 326,589  $ 76,574  $ 403,163 
(1)     During the year ended December 31, 2022, the Company recorded an adjustment of $81 between goodwill and deferred tax liabilities related to the final tax purchase price allocation for the Chem32 acquisition.
Schedule of Finite-Lived Intangible Assets
Gross carrying amounts and accumulated amortization for intangible assets other than goodwill are as follows:
December 31, 2022 December 31, 2021
Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Balance		 Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Balance
Technical know-how $ 54,880  $ (23,822) $ 31,058  $ 55,922  $ (20,648) $ 35,274 
Customer relationships 130,636  (66,669) 63,967  131,248  (57,262) 73,986 
Non-compete agreements 700  (257) 443  700  (117) 583 
Trademarks 7,387  (3,283) 4,104  7,682  (2,902) 4,780 
Trade names 1,600  (293) 1,307  1,600  (133) 1,467 
Total definite-lived intangible assets 195,203  (94,324) 100,879  197,152  (81,062) 116,090 
Indefinite-lived trade names 25,153  —  25,153  25,627  —  25,627 
In-process research and development 3,900  —  3,900  3,900  —  3,900 
Total intangible assets $ 224,256  $ (94,324) $ 129,932  $ 226,679  $ (81,062) $ 145,617 
Schedule of Indefinite-Lived Intangible Assets
Gross carrying amounts and accumulated amortization for intangible assets other than goodwill are as follows:
December 31, 2022 December 31, 2021
Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Balance		 Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Balance
Technical know-how $ 54,880  $ (23,822) $ 31,058  $ 55,922  $ (20,648) $ 35,274 
Customer relationships 130,636  (66,669) 63,967  131,248  (57,262) 73,986 
Non-compete agreements 700  (257) 443  700  (117) 583 
Trademarks 7,387  (3,283) 4,104  7,682  (2,902) 4,780 
Trade names 1,600  (293) 1,307  1,600  (133) 1,467 
Total definite-lived intangible assets 195,203  (94,324) 100,879  197,152  (81,062) 116,090 
Indefinite-lived trade names 25,153  —  25,153  25,627  —  25,627 
In-process research and development 3,900  —  3,900  3,900  —  3,900 
Total intangible assets $ 224,256  $ (94,324) $ 129,932  $ 226,679  $ (81,062) $ 145,617 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated future aggregate amortization expense of intangible assets is as follows:
Year 
Amount 
2023 $ 14,023 
2024 14,023 
2025 14,023 
2026 12,881 
2027 12,346 
Thereafter 33,583 
Total estimated future aggregate amortization expense $ 100,879