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Acquisitions, Goodwill And Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2023
Acquisitions, Goodwill And Other Intangible Assets [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill by reportable segment were as follows:
(In thousands)OEM SegmentAftermarket SegmentTotal
Net balance – December 31, 2022$399,736 $167,327 $567,063 
Acquisitions – 20233,345 836 4,181 
Measurement period adjustments(7,125)(289)(7,414)
Foreign currency translation1,941 407 2,348 
Net balance – March 31, 2023
$397,897 $168,281 $566,178 
Schedule of Other Intangible Assets
Other intangible assets consisted of the following at March 31, 2023:
(In thousands)Gross
Cost
Accumulated
Amortization
Net
Balance
Estimated Useful
Life in Years
Customer relationships$521,288 $173,070 $348,218 6to20
Patents121,674 65,254 56,420 3to20
Trade names (finite life)98,206 22,705 75,501 3to20
Trade names (indefinite life)7,600 — 7,600 Indefinite
Non-compete agreements11,484 8,164 3,320 3to6
Other609 253 356 2to12
Other intangible assets$760,861 $269,446 $491,415    
Other intangible assets consisted of the following at December 31, 2022:
(In thousands)Gross
Cost
Accumulated
Amortization
Net
Balance
Estimated Useful
Life in Years
Customer relationships$520,273 $163,562 $356,711 6to20
Patents121,167 62,841 58,326 3to20
Trade names (finite life)97,810 21,380 76,430 3to20
Trade names (indefinite life)7,600 — 7,600 Indefinite
Non-compete agreements11,584 7,698 3,886 3to6
Other609 242 367 2to12
Other intangible assets$759,043 $255,723 $503,320