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Supplemental Financial Statement Information (Tables)
12 Months Ended
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]  
Schedule of Components of Property, Plant and Equipment
Components of property, plant and equipment, net were as follows:
December 31,
(in thousands)20242023
Land$16,187 $16,916 
Buildings and improvements63,935 50,376 
Machinery and equipment55,890 48,844 
Capitalized software12,295 9,148 
Furniture and fixtures13,251 11,022 
Vehicles5,716 1,738 
Construction in progress(1)
6,284 6,025 
Total173,558 144,069 
Accumulated depreciation and amortization(48,034)(30,258)
Property, plant and equipment, net$125,524 $113,811 
(1)    Construction in progress primarily relates to upgrades to certain of the Company’s information technology systems and distribution facilities that we expect to place in service in the next 12 months.

Depreciation expense for property, plant and equipment and amortization expense for capitalized software, which are included in Selling, general and administrative expenses in the Consolidated Statements of Operations and Comprehensive Income (Loss), were as follows:
Year Ended December 31,
(in thousands)202420232022
Depreciation expense for property, plant and equipment$16,125 $13,052 $6,534 
Amortization expense for capitalized software$3,287 $2,642 $1,583 
Rental equipment, net consisted of the following:
December 31,
(in thousands)20242023
Rental equipment$64,160 $52,387 
Accumulated depreciation(24,784)(27,812)
Rental equipment, net$39,376 $24,575 

Depreciation expense for rental equipment, which is included in Cost of goods sold in the Consolidated Statements of Operations and Comprehensive Income (Loss), was as follows:
Year Ended December 31,
(in thousands)202420232022
Depreciation expense for rental equipment$7,481 $7,631 $7,972 
Schedule of Accrued Expenses and Other Liabilities
Accrued expenses and other current liabilities consisted of the following:
December 31,
(in thousands)20242023
Accrued compensation$23,800 $25,371 
Accrued and withheld taxes, other than income taxes10,178 8,661 
Deferred acquisition payments and accrued earnout liabilities6,384 7,513 
Accrued customer rebates6,366 5,473 
Deferred revenue3,727 810 
Accrued severance and acquisition related retention bonus2,864 21,128 
Accrued health benefits2,234 1,728 
Accrued interest2,030 3,301 
Accrued stock-based compensation1,960 5,573 
Accrued income taxes1,703 1,994 
Other20,013 15,689 
Total accrued expenses and other current liabilities$81,259 $97,241 
Schedule of Other Liabilities
Other liabilities consisted of the following:
December 31,
(in thousands)20242023
Security bonus plan$7,536 $8,666 
Deferred compensation11,455 11,041 
Other7,534 5,736 
Total other liabilities$26,525 $25,443