Acquisitions (Tables)

6 Months Ended

Jun. 30, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Business Combination, Recognized Asset Acquired and Liability Assumed

The following presents the preliminary allocation of purchase price to the assets acquired and liabilities assumed in the Sikora acquisition, based on their estimated fair values at acquisition date:

	Total
Current assets, net of cash acquired	$	54,145
Property, plant and equipment	28,492
Goodwill	304,995
Intangible assets	350,354
Other assets and deferred charges	3,938
Current liabilities	(22,765)
Non-current liabilities	(106,107)
Net assets acquired	$	613,052

The following presents the allocation of purchase price to the assets acquired and liabilities assumed, based on their estimated fair values at acquisition date:

	Total
Current assets, net of cash acquired	$	16,326
Property, plant and equipment	1,608
Goodwill	98,982
Intangible assets	92,622
Other assets and deferred charges	5,879
Current liabilities	(10,035)
Non-current liabilities	(29,527)
Net assets acquired	$	175,855

Schedule of Goodwill and Major Intangible Assets Acquired

The amounts assigned to goodwill and major intangible asset classifications for acquisitions during the six months ended June 30, 2025 were as follows:

	Amount allocated		Weighted Average Useful Life (in years)
Goodwill	$	9,250	na
Goodwill - non-deductible	313,702		na
Customer intangibles	285,463		17
Unpatented technologies	74,294		11
Trademarks	18,657		15
	$	701,366

The amounts assigned to goodwill and major intangible asset classifications for acquisitions during the six months ended June 30, 2024 were as follows:

	Amount allocated		Weighted Average Useful Life (in years)
Goodwill - non-deductible	$	98,982	na
Customer intangibles	74,595		12
Unpatented technologies	14,141		7
Trademarks	3,886		15
	$	191,604