GOODWILL

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL

GOODWILL

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

	Vegetation Management			Industrial Equipment			Consolidated
(in thousands)
Balance at December 31, 2021		$	132,963		$	69,443		$	202,406
Translation adjustment		(1,882)			(1,147)			(3,029)
Goodwill adjustment		(3,519)			—			(3,519)
Balance at December 31, 2022		$	127,562		$	68,296		$	195,858
Translation adjustment		1,337			476			1,813
Goodwill acquired		—			8,865			8,865
Balance at December 31, 2023		$	128,899		$	77,637		$	206,536
Translation adjustment		(2,170)			(1,221)			(3,391)
Goodwill adjustment		—			(118)			(118)
Balance at December 31, 2024		$	126,729		$	76,298		$	203,027