XML 24 R11.htm IDEA: XBRL DOCUMENT v3.22.4
Acquisitions
12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Acquisitions Acquisitions
In March 2022, the Company acquired an 80.0% ownership interest for $51.1 million in a company engaged in residential and commercial textiles. The fair value of the assets acquired and liabilities assumed have been estimated based on a third party valuation.

    The following table summarizes the estimated fair value of net assets acquired and liabilities assumed for the business combination completed in 2022:
(In thousands)2022
Cash and cash equivalents$1,564 
Real estate, furniture and equipment6,000 
Intangible assets25,600 
Goodwill15,857 
Other assets20,349 
Total assets acquired69,370 
Other liabilities assumed(12,420)
Noncontrolling interest(5,814)
  Net assets acquired$51,136