Acquisitions, Goodwill And Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 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 Segment		Aftermarket Segment		Total
Net balance – December 31, 2022	$	399,736	$	167,327	$	567,063
Acquisitions – 2023	16,748		—		16,748
Measurement period adjustments	(2,905)		(143)		(3,048)
Foreign currency translation	(625)		(226)		(851)
Net balance – September 30, 2023	$	412,954	$	166,958	$	579,912

Schedule of Other Intangible Assets

Other intangible assets consisted of the following at September 30, 2023:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	508,625	$	180,810	$	327,815	6	to	20
Patents	118,914		67,164		51,750		3	to	20
Trade names (finite life)	98,169		25,503		72,666		3	to	20
Trade names (indefinite life)	7,600		—		7,600		Indefinite
Non-compete agreements	10,334		8,085		2,249		3	to	6
Other	609		277		332		2	to	12
Other intangible assets	$	744,251	$	281,839	$	462,412

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	6	to	20
Patents	121,167		62,841		58,326		3	to	20
Trade names (finite life)	97,810		21,380		76,430		3	to	20
Trade names (indefinite life)	7,600		—		7,600		Indefinite
Non-compete agreements	11,584		7,698		3,886		3	to	6
Other	609		242		367		2	to	12
Other intangible assets	$	759,043	$	255,723	$	503,320