Goodwill and Related Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31 were as follows (in thousands):

	Renewables		Residential		Agtech		Infrastructure		Total
Balance at December 31, 2020	$	192,527	$	205,452	$	84,622	$	31,678	$	514,279
Adjustments to prior year acquisitions	(2,433)		—		323		—		(2,110)
Foreign currency translation	(1,414)		—		187		—		(1,227)
Balance at December 31, 2021	188,680		205,452		85,132		31,678		510,942
Acquired goodwill	—		3,604		—		—		3,604
Adjustment to prior year acquisition	904		—		—		—		904
Foreign currency translation	(1,554)		—		(1,533)		—		(3,087)
Balance at December 31, 2022	$	188,030	$	209,056	$	83,599	$	31,678	$	512,363

Schedule of Acquired Intangible Assets

Acquired intangible assets consisted of the following (in thousands):

	December 31, 2022				December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Indefinite-lived intangible assets:
Trademarks	$	55,500	$	—	$	52,700	$	—
Finite-lived intangible assets:
Trademarks	5,448		4,481		5,521		4,011
Unpatented technology	34,163		22,037		38,474		20,656
Customer relationships	115,125		46,557		108,591		39,832
Non-compete agreements	2,371		2,006		2,686		1,969
Backlog	—		—		7,200		7,200
	157,107		75,081		162,472		73,668
Total acquired intangible assets	$	212,607	$	75,081	$	215,172	$	73,668

Schedule of Intangible Assets Amortization Expense

The following table summarizes amortization expense for the years ended December 31 (in thousands):

	2022		2021		2020
Amortization expense	$	11,584	$	18,856	$	9,663

Schedule of Amortization Expense

Amortization expense related to acquired intangible assets for the next five years ended December 31 is estimated as follows (in thousands):

	2023		2024		2025		2026		2027
Amortization expense	$	11,102	$	10,922	$	10,782	$	9,370	$	7,728