Acquisitions, Goodwill And Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Acquisitions, Goodwill And Other Intangible Assets [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill by reportable segment were as follows:

(In thousands)	OEM Segment		Aftermarket Segment		Total
Net balance – December 31, 2022	$	399,736	$	167,327	$	567,063
Acquisitions – 2023	18,314		—		18,314
Measurement period adjustments	(2,905)		(143)		(3,048)
Foreign currency translation	1,721		262		1,983
Net balance – June 30, 2023	$	416,866	$	167,446	$	584,312

Schedule of Other Intangible Assets

Other intangible assets consisted of the following at June 30, 2023:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	517,588	$	180,257	$	337,331	6	to	20
Patents	122,373		67,697		54,676		3	to	20
Trade names (finite life)	98,650		24,050		74,600		3	to	20
Trade names (indefinite life)	7,600		—		7,600		Indefinite
Non-compete agreements	11,484		8,728		2,756		3	to	6
Other	609		265		344		2	to	12
Other intangible assets	$	758,304	$	280,997	$	477,307

Other intangible assets consisted of the following at December 31, 2022:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	520,273	$	163,562	$	356,711	6	to	20
Patents	121,167		62,841		58,326		3	to	20
Trade names (finite life)	97,810		21,380		76,430		3	to	20
Trade names (indefinite life)	7,600		—		7,600		Indefinite
Non-compete agreements	11,584		7,698		3,886		3	to	6
Other	609		242		367		2	to	12
Other intangible assets	$	759,043	$	255,723	$	503,320