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Operating Segments and Geographic Information (Tables)
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Operating Segment Information
Operating Segment Information
Years Ended December 31,
 202320222021
 (In thousands)
Enterprise Solutions
Segment revenues$1,122,831 $1,198,478 $1,074,426 
Segment EBITDA149,107 161,517 144,509 
Depreciation expense24,943 23,387 21,627 
Amortization of intangibles20,085 17,595 17,595 
Amortization of software development intangible assets— 54 94 
Adjustments related to acquisitions and divestitures5,359 5,589 (7,052)
Severance, restructuring, and acquisition integration costs11,221 9,200 13,800 
Acquisition of property, plant and equipment36,237 33,535 36,726 
Segment assets637,105 593,653 563,141 
Years Ended December 31,
 202320222021
 (In thousands)
Industrial Automation Solutions
Segment revenues$1,389,253 $1,408,007 $1,226,834 
Segment EBITDA287,328 277,079 222,684 
Depreciation expense26,436 23,282 21,446 
Amortization of intangibles20,290 20,265 13,035 
Amortization of software development intangible assets7,692 3,821 1,485 
Adjustments related to acquisitions and divestitures818 2,244 2,017 
Severance, restructuring, and acquisition integration costs13,931 7,485 10,067 
Asset impairments— — 9,283 
Acquisition of property, plant and equipment64,072 58,713 41,269 
Segment assets727,477 677,235 600,380 
Total Segments
Segment revenues$2,512,084 $2,606,485 $2,301,260 
Segment EBITDA436,435 438,596 367,193 
Depreciation expense51,379 46,669 43,073 
Amortization of intangibles40,375 37,860 30,630 
Amortization of software development intangible assets7,692 3,875 1,579 
Adjustments related to acquisitions and divestitures6,177 7,833 (5,035)
Severance, restructuring, and acquisition integration costs25,152 16,685 23,867 
Asset impairments— — 9,283 
Acquisition of property, plant and equipment100,309 92,248 77,995 
Segment assets1,364,582 1,270,888 1,163,521 
Schedule of Reconciliation of Total Reportable Segments' Revenues and EBITDA to Consolidated Revenues and Consolidated Income Before Taxes
The following table is a reconciliation of the total of the reportable segments’ Revenues and EBITDA to consolidated revenues and consolidated income from continuing operations before taxes, respectively.
 Years Ended December 31,
 202320222021
(In thousands)
Segment Revenues and Consolidated Revenues$2,512,084 $2,606,485 $2,301,260 
Total Segment EBITDA$436,435 $438,596 $367,193 
Depreciation expense(51,379)(46,669)(43,073)
Amortization of intangibles(40,375)(37,860)(30,630)
Severance, restructuring, and acquisition integration costs (1)(25,152)(16,685)(23,867)
Amortization of software development intangible assets(7,692)(3,875)(1,579)
Adjustments related to acquisitions and divestitures (2)(6,177)(7,833)5,035 
Asset impairments (3)— — (9,283)
Gain on sale of assets (4)12,056 37,891 — 
Eliminations(198)(231)(120)
Consolidated operating income317,518 363,334 263,676 
Interest expense, net(33,625)(43,554)(62,693)
Loss on debt extinguishment— (6,392)(5,715)
Non-operating pension benefit1,863 4,005 4,476 
Gain on sale of note receivable— — 27,036 
Consolidated income from continuing operations before taxes$285,756 $317,393 $226,780 
(1)Includes costs from programs described in Note 15, Restructuring Activities as well as other immaterial programs.
(2)In 2023, we incurred $4.1 million for lease guarantees associated with the Grass Valley disposal (see Note 12), $1.5 million related to fair value adjustments of acquired inventory and other assets, and $0.6 million of net losses associated with the sales of businesses. In 2022, we incurred $10.1 million for lease guarantees associated with the Grass Valley disposal, $2.2 million related to fair value adjustments of acquired inventory and other assets, and gains of $4.5 million on collections from previously written off receivables associated with the sale of Grass Valley. In 2021, we collected $2.2 million of receivables associated with the sale of Grass Valley and acquisition of SPC that were previously written off, reduced the Opterna earn-out liability by $5.8 million, recognized cost of sales of $2.3 million related to adjustments of acquired inventory to fair value, and recognized a $0.6 million loss on the sale of tangible assets.
(3)In 2021, we recognized a $3.6 million impairment on assets held and used and a $5.7 million impairment on assets held for sale. See Note 11, Property, Plant, and Equipment, for details.
(4)During 2023, we sold certain real estate in Canada for $13.8 million, net of transaction costs and recognized a $12.1 million pre-tax gain on sale. During 2022, we sold certain real estate in the United States for $42.2 million, net of transaction costs and recognized a $37.9 million pre-tax gain on sale. See Note 11, Property, Plant, and Equipment, for details.
Schedule of Reconciliations of Other Segment Measures to Consolidated Totals
Below are reconciliations of other segment measures to the consolidated totals. 
 Years Ended December 31,
 202320222021
 (In thousands)
Total segment assets$1,364,582 $1,270,888 $1,163,521 
Cash and cash equivalents
597,044 687,676 641,563 
Goodwill
907,331 862,253 821,448 
Intangible assets, less accumulated amortization
269,144 246,830 238,155 
Deferred income taxes
15,739 14,642 31,736 
Corporate assets
86,351 79,386 72,102 
Assets of discontinued operations
— — 449,152 
Total assets$3,240,191 $3,161,675 $3,417,677 
Total segment acquisition of property, plant and equipment$100,309 $92,248 $77,995 
    Corporate acquisition of property, plant and equipment16,422 12,846 6,855 
Discontinued operations acquisition of property, plant and equipment— — 6,132 
Total acquisition of property, plant and equipment$116,731 $105,094 $90,982 
Schedule of Revenue from External Customers and Long-Lived Assets Based on Physical Location The table below summarizes net sales and long-lived assets for the years ended December 31, 2023, 2022, and 2021 for the following countries: U.S., Canada, China, and Germany. No other individual foreign country’s net sales or long-lived assets are material to the Company.
United
 States		CanadaChinaGermanyAll OtherTotal
 (In thousands, except percentages)
Year ended December 31, 2023
Revenues$1,383,212 $169,122 $104,718 $134,130 $720,902 $2,512,084 
Percent of total revenues55 %7 %4 %5 %29 %100 %
Long-lived assets$230,267 $13,355 $45,326 $67,758 $144,606 $501,312 
Year ended December 31, 2022
Revenues$1,448,247 $188,013 $126,904 $131,485 $711,836 $2,606,485 
Percent of total revenues56 %7 %5 %5 %27 %100 %
Long-lived assets$203,070 $12,805 $45,866 $44,061 $122,565 $428,367 
Year ended December 31, 2021
Revenues$1,201,540 $186,834 $149,036 $112,710 $651,140 $2,301,260 
Percent of total revenues52 %8 %7 %5 %28 %100 %
Long-lived assets$170,420 $12,578 $46,776 $37,208 $106,140 $373,122