Annual report pursuant to Section 13 and 15(d)

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

v3.20.4
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019 is summarized as follows:
Refining Services Catalysts Performance
Chemicals		 Total
Balance as of December 31, 2018 $ 311,892  $ 77,759  $ 580,023  $ 969,674 
Foreign exchange impact —  852  3,052  3,904 
Balance as of December 31, 2019 311,892  78,611  583,075  973,578 
Goodwill impairment —  —  (260,000) (260,000)
Foreign exchange impact —  1,062  3,098  4,160 
Balance as of December 31, 2020 $ 311,892  $ 79,673  $ 326,173  $ 717,738 

The carrying amounts of goodwill at December 31, 2020, 2019 and 2018 are net of the following accumulated impairment losses:
Refining Services Catalysts Performance
Chemicals		 Total
Accumulated impairment losses as of December 31, 2018 —  —  —  — 
Accumulated impairment losses as of December 31, 2019 —  —  —  — 
Accumulated impairment losses as of December 31, 2020 —  —  (260,000) (260,000)
Schedule of Finite-Lived Intangible Assets
Gross carrying amounts and accumulated amortization for intangible assets other than goodwill are as follows:
December 31, 2020 December 31, 2019
Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Balance		 Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Balance
Technical know-how $ 180,768  $ (47,207) $ 133,561  $ 177,873  $ (37,102) $ 140,771 
Customer relationships 325,773  (134,842) 190,931  321,434  (106,627) 214,807 
Contracts —  —  —  16,200  (15,258) 942 
Trademarks 7,709  (2,399) 5,310  7,600  (1,858) 5,742 
Permits 9,100  (9,100) —  9,100  (9,100) — 
In-process research and development 500  (25) 475  —  —  — 
Total definite-lived intangible assets 523,850  (193,573) 330,277  532,207  (169,945) 362,262 
Indefinite-lived trade names 108,713  —  108,713  106,811  —  106,811 
Indefinite-lived trademarks 82,613  —  82,613  80,999  —  80,999 
In-process research and development 4,700  —  4,700  5,200  —  5,200 
Total intangible assets $ 719,876  $ (193,573) $ 526,303  $ 725,217  $ (169,945) $ 555,272 
Schedule of Indefinite-Lived Intangible Assets
Gross carrying amounts and accumulated amortization for intangible assets other than goodwill are as follows:
December 31, 2020 December 31, 2019
Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Balance		 Gross
Carrying
Amount		 Accumulated
Amortization		 Net
Balance
Technical know-how $ 180,768  $ (47,207) $ 133,561  $ 177,873  $ (37,102) $ 140,771 
Customer relationships 325,773  (134,842) 190,931  321,434  (106,627) 214,807 
Contracts —  —  —  16,200  (15,258) 942 
Trademarks 7,709  (2,399) 5,310  7,600  (1,858) 5,742 
Permits 9,100  (9,100) —  9,100  (9,100) — 
In-process research and development 500  (25) 475  —  —  — 
Total definite-lived intangible assets 523,850  (193,573) 330,277  532,207  (169,945) 362,262 
Indefinite-lived trade names 108,713  —  108,713  106,811  —  106,811 
Indefinite-lived trademarks 82,613  —  82,613  80,999  —  80,999 
In-process research and development 4,700  —  4,700  5,200  —  5,200 
Total intangible assets $ 719,876  $ (193,573) $ 526,303  $ 725,217  $ (169,945) $ 555,272 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated future aggregate amortization expense of intangible assets is as follows:
Year 
Amount 
2021 $ 36,292 
2022 36,292 
2023 36,292 
2024 36,292 
2025 36,292 
Thereafter 148,817 
Total estimated future aggregate amortization expense $ 330,277