BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Plant and Equipment, Estimated Useful Lives

Depreciation of plant and equipment is calculated using the straight-line method over the estimated useful lives of the assets as follows:

Buildings	15-25 years
Equipment	2-28 years

Property, plant and equipment at December 31, 2022 and 2021 are summarized as follows:

	2022		2021
Land	$	11,415	$	11,692
Building	90,644		89,602
Equipment	278,851		253,995
Construction in progress	79,928		52,930
	460,838		408,219
Less: Accumulated depreciation	189,483		170,702
Property, plant and equipment, net	$	271,355	$	237,517

Summary of Goodwill

The Company had goodwill in the amount of $769,509 and $523,949 as of December 31, 2022 and 2021, respectively, subject to the provisions of ASC 350, “Intangibles-Goodwill and Other.”

Goodwill at December 31, 2020	$	529,463
Impact due to change in foreign exchange rates	(5,514)
Goodwill at December 31, 2021	523,949
Goodwill as a result of the Kappa acquisition	216,295
Goodwill as a result of the Bergstrom acquisition	31,209
Impact due to change in foreign exchange rates	(1,944)
Goodwill at December 31, 2022	$	769,509

	December 31, 2022		December 31, 2021
HNH	$	665,804	$	424,044
ANH	24,218		17,207
Specialty Products	79,429		82,654
Other and Unallocated	58		44
Total	$	769,509	$	523,949

Intangible Assets, Estimated Useful Lives

The following intangible assets with finite lives are stated at cost and are amortized either on an accelerated basis or on a straight-line basis over the following estimated useful lives:

	Amortization Period (in years)
Customer relationships and lists	10 - 20
Trademarks and trade names	2 - 17
Developed technology	5 - 12
Regulatory registration costs	5 - 10
Patents and trade secrets	15 - 17
Other	2 - 18

As of December 31, 2022 and 2021, the Company had identifiable intangible assets as follows:

		2022				2021
	Amortization Period (In years)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer relationships and lists	10-20	$	357,131	$	190,576	$	240,059	$	173,489
Trademarks and trade names	2-17	50,058		33,416		43,116		28,985
Developed technology	5-12	40,473		16,171		20,234		14,607
Other	2-18	25,041		19,245		23,921		15,584
		$	472,703	$	259,408	$	327,330	$	232,665