Goodwill

6 Months Ended

Jul. 02, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

Goodwill

The Company tests the goodwill in each of its goodwill reporting units for impairment at least annually, as of the first day of its fourth quarter, and whenever events or changes in circumstances occur indicating that a possible impairment may have been incurred.

The change in the carrying amount of goodwill by segment is as follows (in thousands):

	Total		Measurement Systems						Weighing Solutions
			KELK Acquisition		DSI Acquisition		DTS Acquisition		Stress-Tek Acquisition
Balance at December 31, 2021	$	45,830	$	6,706	$	16,910	$	15,903	$	6,311
Adjustment to goodwill acquired	130		—		—		130		—
Foreign currency translation adjustment	(88)		(58)		(30)		—		—
Balance at July 2, 2022	$	45,872	$	6,648	$	16,880	$	16,033	$	6,311