Investments (Tables)

6 Months Ended

Jun. 30, 2024

Schedule of Equity Method Investments

Schedule of Equity Method Investments and Other Investments in Equity Securities

The following is a summary of the carrying value of our investments:

	June 30, 2024		December 31, 2023
Equity method investment	$	30,463	$	32,727
Other investments in equity securities	1,718		1,718
	$	32,181	$	34,445

Schedule of Equity Method Investments

Presented below is activity related to our investment in TimWen included in our condensed consolidated financial statements:

	Six Months Ended
	June 30, 2024		July 2, 2023
Balance at beginning of period	$	32,727	$	33,921
Equity in earnings for the period	6,797		6,343
Amortization of purchase price adjustments (a)	(1,248)		(1,373)
	5,549		4,970
Distributions received	(6,695)		(5,512)
Foreign currency translation adjustment included in “Other comprehensive (loss) income”	(1,118)		786
Balance at end of period	$	30,463	$	34,165

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(a)Purchase price adjustments that impacted the carrying value of the Company’s investment in TimWen are being amortized over the average original aggregate life of 21 years.