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Supplemental Financial Statement Information (Tables)
 3 Months Ended
Mar. 31, 2025
Condensed Financial Information Disclosure [Abstract]  
Schedule of Components of Property, Plant and Equipment, Net and Rental Equipment, Net
Components of property, plant and equipment, net were as follows:
(in thousands)March 31, 2025December 31, 2024
Land$16,195 $16,187 
Buildings and improvements63,959 63,935 
Machinery and equipment58,726 55,890 
Capitalized software17,845 12,295 
Furniture and fixtures13,507 13,251 
Vehicles5,718 5,716 
Construction in progress(1)
3,272 6,284 
Total179,222 173,558 
Accumulated depreciation and amortization(53,348)(48,034)
Property, plant and equipment, net$125,874 $125,524 
(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 twelve 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 Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss), were as follows:
Three Months Ended March 31,
(in thousands)20252024
Depreciation expense for property, plant and equipment$4,772 $3,729 
Amortization expense for capitalized software$867 $806 
Rental equipment, net consisted of the following:
(in thousands)March 31, 2025December 31, 2024
Rental equipment$63,855 $64,160 
Accumulated depreciation(25,750)(24,784)
Rental equipment, net$38,105 $39,376 

Depreciation expense for rental equipment, which is included in Cost of goods sold in the Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss), was as follows:
Three Months Ended March 31,
(in thousands)20252024
Depreciation expense for rental equipment$2,755 $1,771 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
(in thousands)March 31, 2025December 31, 2024
Accrued compensation$20,317 $23,800 
Accrued and withheld taxes, other than income taxes10,915 10,178 
Deferred acquisition payments and accrued earnout liabilities7,069 6,384 
Deferred revenue6,258 3,727 
Accrued customer rebates4,865 6,366 
Accrued severance and acquisition related retention bonus3,328 2,864 
Accrued health benefits2,085 2,234 
Accrued interest1,930 2,030 
Accrued stock-based compensation1,363 1,960 
Accrued income taxes1,355 1,703 
Other19,143 20,013 
Total accrued expenses and other current liabilities$78,628 $81,259 
Schedule of Other Liabilities
Other liabilities consisted of the following:
(in thousands)March 31, 2025December 31, 2024
Security bonus plan$7,553 $7,536 
Deferred compensation11,072 11,455 
Other6,175 7,534 
Total other liabilities$24,800 $26,525