Acquisitions, Goodwill And Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2024

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, 2023	$	421,701	$	167,849	$	589,550
Acquisitions	1,709		—		1,709
Foreign currency translation	(2,598)		(138)		(2,736)
Net balance – June 30, 2024	$	420,812	$	167,711	$	588,523

Schedule of Other Intangible Assets

Other intangible assets consisted of the following at June 30, 2024:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	510,698	$	209,210	$	301,488	6	to	20
Patents	114,939		72,039		42,900		3	to	20
Trade names (finite life)	98,938		30,195		68,743		3	to	20
Trade names (indefinite life)	7,432		—		7,432		Indefinite
Non-compete agreements	10,304		9,450		854		3	to	6
Other	609		313		296		2	to	12
Other intangible assets	$	742,920	$	321,207	$	421,713

Other intangible assets consisted of the following at December 31, 2023:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	509,505	$	189,967	$	319,538	6	to	20
Patents	114,864		67,602		47,262		3	to	20
Trade names (finite life)	99,366		26,978		72,388		3	to	20
Trade names (indefinite life)	7,600		—		7,600		Indefinite
Non-compete agreements	10,104		8,453		1,651		3	to	6
Other	609		289		320		2	to	12
Other intangible assets	$	742,048	$	293,289	$	448,759