XML 84 R71.htm IDEA: XBRL DOCUMENT v3.22.4
Operating Segments and Geographic Information - Reconciliation of Total Reportable Segments' Revenues and EBITDA to Consolidated Revenues and Consolidated Income Before Taxes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Segment Revenues and Consolidated Revenues $ 2,606,485 $ 2,301,260 $ 1,752,192
Depreciation expense (46,700) (43,900) (39,300)
Amortization of intangibles (37,860) (30,630) (29,041)
Severance, restructuring, and acquisition integration costs (16,470) (18,367) (8,920)
Asset impairments 0 (140,461) (113,007)
Gain on sale of asset 37,891 0 0
Consolidated operating income 363,334 263,676 150,114
Interest expense, net (43,554) (62,693) (58,903)
Loss on debt extinguishment 6,392 5,715 0
Non-operating pension benefit (cost) 4,005 4,476 (395)
Gain on sale of note receivable 0 27,036 0
Consolidated income from continuing operations before taxes 317,393 226,780 90,816
Proceeds from disposal of tangible assets $ 43,534 30,234 3,161
Impairment, Long-Lived Asset, Held-for-Use, Statement of Income or Comprehensive Income [Extensible Enumeration] Asset impairments    
Proceeds from sale of real estate $ 42,200    
Gain on sale of real estate 37,900    
Grass Valley      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Asset impairments     (113,000)
Reportable Segment      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Total Segment EBITDA 438,596 367,193 231,635
Depreciation expense (46,669) (43,073) (39,339)
Amortization of intangibles (37,860) (30,630) (29,041)
Severance, restructuring, and acquisition integration costs (16,685) (23,867) (11,664)
Adjustments related to acquisitions and divestitures (7,833) 5,035 (125)
Amortization of software development intangible assets (3,875) (1,579) (872)
Asset impairments 0 (9,283) 0
Gain on sale of asset     0
Consolidated operating income 363,334 263,676 150,114
Interest expense, net (43,554)    
Lease guarantees 10,100    
Inventory adjustment 2,200    
Collection of receivable previously written off 4,500    
Deferred compensation - earnout payments   5,800  
Proceeds from disposal of tangible assets   600  
Impairment of long lived asset held-for-use   3,600  
Asset impairments   5,700  
Reportable Segment | OTN Systems      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Adjustments related to acquisitions and divestitures   2,300  
Reportable Segment | Opterna International Corp.      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Adjustments related to acquisitions and divestitures     100
Reportable Segment | Grass Valley      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Recovery of accounts receivable previously written off   2,200  
Eliminations      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Consolidated operating income (231) (120) (480)
Segment revenues | Reportable Segment      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Segment Revenues and Consolidated Revenues $ 2,606,485 $ 2,301,260 $ 1,752,192