v3.24.1.u1
GOODWILL AND OTHER INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
The changes in the carrying amount of goodwill for the three months ended March 31, 2024 by reporting segment were as follows:
Aptar
Pharma		Aptar
Beauty		Aptar ClosuresTotal
Balance as of December 31, 2023$508,447 $287,097 $167,874 $963,418 
Foreign currency exchange effects(7,739)(1,857)(567)(10,163)
Balance as of March 31, 2024$500,708 $285,240 $167,307 $953,255 
The table below shows a summary of intangible assets as of March 31, 2024 and December 31, 2023.
March 31, 2024December 31, 2023
Weighted Average Amortization Period (Years)Gross
Carrying
Amount		Accumulated
Amortization		Net
Value		Gross
Carrying
Amount		Accumulated
Amortization		Net
Value
Amortized intangible assets:
Patents9.9$7,239 $(1,882)$5,357 $7,362 $(1,754)$5,608 
Acquired technology11.2140,840 (72,926)67,914 142,837 (70,520)72,317 
Customer relationships13.5306,749 (129,631)177,118 308,889 (124,648)184,241 
Trademarks and trade names7.943,519 (34,532)8,987 43,932 (33,368)10,564 
License agreements and other32.316,935 (6,886)10,049 17,213 (6,732)10,481 
Total intangible assets13.4$515,282 $(245,857)$269,425 $520,233 $(237,022)$283,211 
Aggregate amortization expense for the intangible assets above for the three months ended March 31, 2024 and 2023 was $11,323 and $10,963, respectively.
As of March 31, 2024, future estimated amortization expense for the years ending December 31 is as follows:
2024$31,287 
(remaining estimated amortization for 2024)
202539,865 
202637,545 
202730,284 
202821,166 
Thereafter109,278 
Future amortization expense may fluctuate depending on changes in foreign currency rates. The estimates for amortization expense noted above are based upon foreign exchange rates as of March 31, 2024.