GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2024, 2023, and 2022, were as follows:

(in thousands)	CAG		Water		LPD		Other		Consolidated Total
Balance as of December 31, 2021	$	327,171	$	11,939	$	13,704	$	6,531	$	359,345
Business combinations	1,641		6,857		—		—		8,498
Impact of changes in foreign currency exchange rates	(5,330)		(897)		179		—		(6,048)
Balance as of December 31, 2022	$	323,482	$	17,899	$	13,883	$	6,531	$	361,795
Business combinations	—		—		—		—		—
Impact of changes in foreign currency exchange rates	2,740		321		1,105		—		4,166
Balance as of December 31, 2023	$	326,222	$	18,220	$	14,988	$	6,531	$	365,961
Business combinations	45,782		—		—		—		45,782
Impact of changes in foreign currency exchange rates	(5,029)		(109)		(1,505)		—		(6,643)
Balance as of December 31, 2024	$	366,975	$	18,111	$	13,483	$	6,531	$	405,100

Schedule of Estimated Useful Lives for Intangible Assets

We provide for amortization primarily using the straight-line method by charges to income in amounts that allocate the intangible assets over their estimated useful lives as follows:

Asset Classification	Estimated Useful Life
Customer-related intangible assets (1)	3 to 17 years
Product rights (2)	5 to 15 years
Noncompete agreements	3 to 5 years

Schedule of Intangible Assets Other Than Goodwill

Intangible assets other than goodwill consisted of the following:

(in thousands)	December 31, 2024						December 31, 2023
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Customer-related intangible assets (1)	$	110,860	$	44,617	$	66,243	$	102,217	$	37,782	$	64,435
Product rights (2)	55,117		14,161		40,956		27,317		8,606		18,711
Noncompete agreements	6,570		2,093		4,477		4,012		2,658		1,354
Total	$	172,547	$	60,871	$	111,676	$	133,546	$	49,046	$	84,500

The table above reflect the effects of foreign currency exchange rates, and excludes fully amortized intangible assets.

(1)Customer-related intangible assets are comprised of customer lists and customer relationships acquired from third parties.

(2)Product rights comprise certain technologies, intellectual property, licenses, and trade names acquired from third parties.

Schedule of Expected Amortization Expense

As of December 31, 2024, the aggregate amortization expense associated with intangible assets is estimated to be as follows for each of the next five years and thereafter:

(in thousands)	Amortization Expense
2025	$	19,040
2026	18,779
2027	17,438
2028	15,245
2029	12,013
Thereafter	29,161
Total amortization	$	111,676