INTANGIBLE ASSETS AND GOODWILL (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

The components of our definite- and indefinite-lived intangible assets were as follows:

	September 30, 2024						December 31, 2023
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Definite-lived intangible assets:
Customer relationships	$	616,141	$	460,209	$	155,932	$	583,326	$	438,181	$	145,145
Unpatented technologies	175,231		91,220		84,011		142,760		75,224		67,536
Trademarks	62,050		42,120		19,930		59,862		39,564		20,298
Patents	36,223		30,535		5,688		36,438		30,664		5,774
	889,645		624,084		265,561		822,386		583,633		238,753
Indefinite-lived intangible assets:
Trademarks	3,600		—		3,600		3,600		—		3,600
In-process research and development	1,200		—		1,200		1,200		—		1,200
	4,800		—		4,800		4,800		—		4,800
Total	$	894,445	$	624,084	$	270,361	$	827,186	$	583,633	$	243,553

Schedule of Indefinite-Lived Intangible Assets

The components of our definite- and indefinite-lived intangible assets were as follows:

	September 30, 2024						December 31, 2023
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Definite-lived intangible assets:
Customer relationships	$	616,141	$	460,209	$	155,932	$	583,326	$	438,181	$	145,145
Unpatented technologies	175,231		91,220		84,011		142,760		75,224		67,536
Trademarks	62,050		42,120		19,930		59,862		39,564		20,298
Patents	36,223		30,535		5,688		36,438		30,664		5,774
	889,645		624,084		265,561		822,386		583,633		238,753
Indefinite-lived intangible assets:
Trademarks	3,600		—		3,600		3,600		—		3,600
In-process research and development	1,200		—		1,200		1,200		—		1,200
	4,800		—		4,800		4,800		—		4,800
Total	$	894,445	$	624,084	$	270,361	$	827,186	$	583,633	$	243,553

Schedule of Goodwill

The carrying amount of goodwill, including changes therein, by reportable segment is below:

(in thousands)	Production Chemical Technologies		Production & Automation Technologies		Drilling Technologies		Reservoir Chemical Technologies		Total
December 31, 2023	$	356,558	$	211,370	$	101,136	$	—	$	669,064
Acquisitions (1)	—		60,754		—		—		60,754
Foreign currency translation	(2,366)		2,331		—		—		(35)
September 30, 2024	$	354,192	$	274,455	$	101,136	$	—	$	729,783

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(1)    See Note 10—Acquisitions, Divestitures and Sale Leaseback for additional information related to the acquisitions completed during the first and third quarters of 2024.