Supplemental Financial Statement Information (Tables)

12 Months Ended

Dec. 31, 2023

Condensed Financial Information Disclosure [Abstract]

Components of Property, Plant and Equipment

Components of property, plant and equipment, net were as follows:

	December 31,
(in thousands)	2023		2022
Land	$	16,916	$	9,578
Buildings and improvements	50,376		27,199
Machinery and equipment	48,844		26,948
Capitalized software	9,148		7,889
Furniture and fixtures	11,022		6,346
Vehicles	1,738		1,713
Construction in progress(1)	6,025		3,140
Total	144,069		82,813
Accumulated depreciation and amortization	(30,258)		(18,418)
Property, plant and equipment, net	$	113,811	$	64,395

(1)    Construction in progress primarily relates to upgrades to certain of the Company's information technology systems that we expect to place in service in the next 12 months.

Rental equipment, net consisted of the following:

	December 31,
(in thousands)	2023		2022
Rental equipment	$	52,387	$	63,184
Accumulated depreciation	(27,812)		(36,045)
Rental equipment, net	$	24,575	$	27,139

Schedule of Accrued Expenses and Other Liabilities

Accrued expenses and other current liabilities consisted of the following:

	December 31,
(in thousands)	2023		2022
Accrued compensation	$	25,371	$	24,094
Accrued severance and acquisition related retention bonus	21,128		927
Accrued and withheld taxes, other than income taxes	8,661		4,885
Deferred acquisition payments and accrued earnout liabilities	7,513		1,383
Accrued stock-based compensation	5,573		3,340
Accrued customer rebates	5,473		5,053
Accrued interest	3,301		1,775
Accrued income taxes	1,994		731
Accrued health benefits	1,728		1,306
Deferred revenue	810		2,313
Other	15,689		16,870
Total accrued expenses and other current liabilities	$	97,241	$	62,677

Other Liabilities

Other liabilities consisted of the following:

	December 31,
(in thousands)	2023		2022
Security bonus plan	$	8,666	$	9,651
Deferred compensation	11,041		9,962
Other	5,736		4,036
Total other liabilities	$	25,443	$	23,649