Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Schedule of Intangible Assets

Depreciation is computed using the straight-line method over the following estimated useful lives:

Buildings and leasehold improvements	3 - 40 years
Machinery and equipment	3 - 20 years
Furniture and fixtures	3 - 15 years

Amortization is computed using the straight-line method over the following estimated useful lives:

Intellectual property	30 years
Customer relationships	14 years

Our intangible assets consist of the following:

	December 31,
	2022		2021
Definite-lived intangible assets	(in thousands)
Intellectual property	$	6,295	$	6,479
Customer relationships	47,547		48,684
Less:  Accumulated amortization	(3,807)		(208)
Total, net	50,035		54,955
Indefinite-lived intangible assets
Trademarks	14,571		15,166
Total intangible assets, net	$	64,606	$	70,121

Schedule of Goodwill

The changes in the carrying amount of goodwill were as follows:

	Years Ended December 31,
	2022		2021
	(in thousands)
Balance, beginning of period	$	85,727	$	3,229
Additions due to acquisitions (Note 4)	—		82,498
Decreases due to acquisition adjustments (Note 4)	(3,835)		—
Balance, end of period	81,892		85,727