Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Changes in Allowance for Credit Losses

Changes in the allowance for credit losses for the years ended December 31, 2023 and 2022 were as follows:

	2023			2022
Balance at January 1	$	2,273		$	2,173
Provision for expected credit loss, net of recoveries		1,808			540
Write-offs and other		(1,092	)		(440	)
Balance at December 31	$	2,989		$	2,273

Summary of Determination Cost of Inventories

Inventories at December 31 consist of the following:

	December 31,		December 31,
	2023		2022
Finished and in-process products	$	53,382	$	54,991
Raw materials and supplies		37,462		38,360
	$	90,844	$	93,351

Schedule of Estimated Useful Lives of the Assets

The Company provides for depreciation and amortization on the basis of the straight-line method over the estimated useful lives of the assets as follows:

Buildings	20 to 40 years
Machinery and equipment	3 to 10 years
Leasehold improvements	5 to 10 years

Schedule of Property Plant and Equipment by Major Assets Class

The Company’s property, plant and equipment by major asset class at December 31 consists of:

	December 31,			December 31,
	2023			2022
Land	$	6,546		$	6,907
Buildings and leasehold improvements		63,871			60,982
Machinery and equipment		326,650			311,822
		397,067			379,711
Less allowances for depreciation and amortization		(289,134	)		(278,145	)
	$	107,933		$	101,566

The balances in the Company's Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) were as follows:

	Foreign Currency			Defined Benefit Pension Plans			Total
Balance at January 1, 2021	$	(13,974	)	$	(1,799	)	$	(15,773	)
Other comprehensive income (loss) before reclassifications		39			269			308
Amounts reclassified from accumulated other comprehensive income, net    of tax of ($21) (1)		—			64			64
Net current-period other comprehensive income (loss)		39			333			372
Balance at December 31, 2021		(13,935	)		(1,466	)		(15,401	)
Other comprehensive income (loss) before reclassifications		(2,475	)		33			(2,442	)
Amounts reclassified from accumulated other comprehensive income, net    of tax of ($17) (1)		—			50			50
Net current-period other comprehensive income (loss)		(2,475	)		83			(2,392	)
Balance at December 31, 2022		(16,410	)		(1,383	)		(17,793	)
Other comprehensive income (loss) before reclassifications		859			66			925
Amounts reclassified from accumulated other comprehensive income, net    of tax of ($18) (1)		—			53			53
Net current-period other comprehensive income (loss)		859			119			978
Balance at December 31, 2023	$	(15,551	)	$	(1,264	)	$	(16,815	)

(1)The accumulated other comprehensive income (loss) components related to defined benefit pension plans are included in the computation of net periodic pension cost. See Note 12, Retirement Plans for additional details.