CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 47,818	$ 65,173
Accounts receivable, less allowance for credit losses of $640 and $580	167,210	173,957
Contract assets	31,068	24,145
Inventories	260,393	231,399
Prepaid expense and other current assets	29,934	23,487
Total current assets	536,423	518,161
Property, plant and equipment, net	70,227	68,647
Goodwill	221,189	221,189
Intangible assets, net	171,779	175,324
Deferred tax assets	6,580	5,693
Right of use assets operating leases	67,986	63,066
Other assets	42,907	36,044
TOTAL ASSETS	1,117,091	1,088,124
Current liabilities:
Accounts payable	92,848	93,634
Accrued warranty	9,398	8,577
Accrued compensation and related taxes	18,946	23,204
Contract liabilities	19,534	20,044
Operating lease liabilities	9,703	9,241
Other current liabilities and accrued expenses	83,505	89,260
Current portion of long-term debt	24,224	23,259
Total current liabilities	258,158	267,219
Other non-current liabilities	8,523	8,053
Long-term operating lease liabilities	57,157	52,748
Long-term debt, less current portion	402,437	376,594
Deferred tax liabilities	19,412	18,335
Total liabilities	745,687	722,949
Commitments and contingent liabilities
Equity:
Common stock, 10.00 CHF par value: 5,382,029 shares authorized as of March 31, 2025 and December 31, 2024; and 5,380,224 shares outstanding as of March 31, 2025 and December 31, 2024.	50,794	50,794
Additional paid-in capital	221,839	221,839
Treasury shares at cost	(257)	(257)
Retained earnings	63,322	61,247
Accumulated other comprehensive income	35,636	31,469
Total Shareholders' equity	371,334	365,092
Non-controlling interest	70	83
Total equity	371,404	365,175
TOTAL LIABILITIES AND EQUITY	$ 1,117,091	$ 1,088,124