Note 5 - Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Schedule of Changes in Goodwill [Table Text Block]

Balance - January 1, 2024	$	21,728
Acquisition of Alfamation		10,640
Impact of foreign currency translation adjustments		107
Balance – September 30, 2024	$	32,475

Schedule of Goodwill [Table Text Block]

	September 30,		December 31,
	2024		2023
Electronic Test	$	14,166	$	3,436
Environmental Technologies		1,817		1,817
Process Technologies		16,492		16,475
Total goodwill	$	32,475	$	21,728

Schedule of Indefinite-Lived Intangible Assets [Table Text Block]

Balance - January 1, 2024	$	8,398
Acquisition of Alfamation		2,077
Impact of foreign currency translation adjustments		24
Balance – September 30, 2024	$	10,499

Schedule of Finite-Lived Intangible Assets [Table Text Block]

Balance - January 1, 2024	$	8,198
Acquisition of Alfamation		11,476
Impact of foreign currency translation adjustments		140
Amortization		(2,436	)
Balance - September 30, 2024	$	17,378

Schedule Of Intangible Assets [Table Text Block]

	September 30,		December 31,
	2024		2023
Electronic Test		16,124		3,728
Environmental Technologies		778		794
Process Technologies		10,975		12,074
Total intangible assets	$	27,877	$	16,596

	September 30, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	23,908	$	11,061	$	12,847
Technology		5,877		1,863		4,014
Patents		590		590		-
Backlog		1,612		1,095		517
Software		270		270		-
Trade name		140		140		-
Total finite-lived intangible assets		32,397		15,019		17,378
Indefinite-lived intangible assets:
Trademarks		10,499		-		10,499
Total intangible assets	$	42,896	$	15,019	$	27,877

	December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	16,407	$	9,687	$	6,720
Technology		2,895		1,417		1,478
Patents		590		590		-
Backlog		499		499		-
Software		270		270		-
Trade name		140		140		-
Total finite-lived intangible assets		20,801		12,603		8,198
Indefinite-lived intangible assets:
Trademarks		8,398		-		8,398
Total intangible assets	$	29,199	$	12,603	$	16,596

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

2024 (remainder)	$	929
2025	$	2,687
2026	$	1,835
2027	$	1,341
2028	$	1,209