Goodwill and Other Intangible Assets, Net (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Reconciliation of the Change in the Carrying Value of Goodwill

A summary of the change in the carrying amount of goodwill by reportable segment is as follows:

	Diversified Industrial		Energy		Financial Services		Corporate and Other		Total
Balance as of December 31, 2022
Gross goodwill	$	155,183	$	67,143	$	9,474	$	81	$	231,881
Accumulated impairments	(41,278)		(64,790)		—		—		(106,068)
Net goodwill	113,905		2,353		9,474		81		125,813
Currency translation adjustments	97		—		—		—		97
Balance as of March 31, 2023
Gross goodwill	155,280		67,143		9,474		81		231,978
Accumulated impairments	(41,278)		(64,790)		—		—		(106,068)
Net goodwill	$	114,002	$	2,353	$	9,474	$	81	$	125,910

Summary of Intangible Assets

A summary of Other intangible assets, net is as follows:

	March 31, 2023						December 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	191,682	$	134,843	$	56,839	$	191,508	$	132,246	$	59,262
Trademarks, trade names and brand names	46,645		22,179		24,466		46,601		21,755		24,846
Developed technology, patents and patent applications	32,868		23,733		9,135		32,762		23,276		9,486
Other	16,660		15,730		930		16,657		15,468		1,189
Total	$	287,855	$	196,485	$	91,370	$	287,528	$	192,745	$	94,783

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Based on gross carrying amounts at March 31, 2023, the Company's estimate of amortization expense for identifiable intangible assets for the years ending December 31, 2023 through 2027 is presented in the table below.

	Year Ending December 31,
	2023	2024	2025	2026	2027
Estimated amortization expense	14,034	13,481	12,200	10,206	9,422