Note 5 - Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Changes in Goodwill [Table Text Block]

(in thousands)
Balance - January 1, 2023	$	21,605
Impact of foreign currency translation adjustments		123
Balance - December 31, 2023	$	21,728
Alfamation acquisition (Electronic Test segment)		9,883
Impact of foreign currency translation adjustments (all goodwill)		(867	)
Balance - December 31, 2024	$	30,744

Schedule of Goodwill [Table Text Block]

	December 31,
(in thousands)	2024		2023
Electronic Test	$	12,567	$	3,436
Environmental Technologies		1,817		1,817
Process Technologies		16,360		16,475
Total Goodwill	$	30,744	$	21,728

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

(in thousands)
Balance - January 1, 2023	$	8,369
Impact of foreign currency translation adjustments		29
Balance - December 31, 2023		8,398
Alfamation acquisition		1,967
Impact of foreign currency translation adjustments		(190	)
Balance - December 31, 2024	$	10,175

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

(in thousands)
Balance - January 1, 2023	$	10,190
Impact of foreign currency translation adjustments		102
Amortization		(2,094	)
Balance - December 31, 2023		8,198
Alfamation™ acquisition		11,365
Impact of foreign currency translation adjustments		(817	)
Amortization		(2,545	)
Balance - December 31, 2024	$	16,201

Schedule Of Intangible Assets [Table Text Block]

	December 31, 2024
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	23,912	$	11,496	$	12,416
Technology		5,786		2,001		3,785
Patents		590		590		-
Backlog		481		481		-
Software		270		270		-
Trade name		140		140		-
Total finite-lived intangible assets		31,179		14,978		16,201
Indefinite-lived intangible assets:
Trademarks		10,175				10,175
Total intangible assets	$	41,354	$	14,978	$	26,376

	December 31, 2023
(in thousands)	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]

(in thousands)
2025	$	3,184
2026		2,393
2027		1,855
2028		1,531
2029		1,227
Thereafter		6,011
Total estimated amortization of finite-lived intangible assets	$	16,201