Acquisitions (Tables)

9 Months Ended

Sep. 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	$	56,736
Property, plant and equipment	28,449
Goodwill	337,202
Intangible assets	313,825
Other assets and deferred charges	569
Current liabilities	(32,203)
Non-current liabilities	(96,177)
Net assets acquired	$	608,401

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

	Total
Current assets, net of cash acquired	$	57,784
Property, plant and equipment	10,102
Goodwill	192,762
Intangible assets	194,100
Other assets and deferred charges	5,602
Current liabilities	(19,688)
Non-current liabilities	(44,852)
Net assets acquired	$	395,810

The following presents, for the six acquisitions other than MEC, 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	$	25,356
Property, plant and equipment	4,530
Goodwill	134,978
Intangible assets	126,358
Other assets and deferred charges	9,520
Current liabilities	(15,438)
Non-current liabilities	(41,238)
Net assets acquired	$	244,066

Schedule of Goodwill and Major Intangible Assets Acquired

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

	Amount allocated		Weighted Average Useful Life (in years)
Goodwill	$	16,499	na
Goodwill - non-deductible	346,803		na
Customer intangibles	245,612		15
Unpatented technologies	80,836		11
Trademarks	18,645		15
	$	708,395

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

	Amount allocated		Weighted Average Useful Life (in years)
Goodwill - non-deductible	$	327,740	na
Customer intangibles	273,625		15
Unpatented technologies	29,021		7
Trademarks	17,812		15
	$	648,198