BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Plant and Equipment Estimated Useful Lives

Depreciation of plant and equipment is calculated using the straight-line method over the estimated useful lives of the assets as follows:

Buildings	15-25 years
Equipment	2-28 years

Property, plant and equipment at December 31, 2023 and 2022 are summarized as follows:

	2023		2022
Land	$	11,787	$	11,415
Building	104,363		90,644
Equipment	312,704		278,851
Construction in progress	59,981		79,928
	488,835		460,838
Less: Accumulated depreciation	212,796		189,483
Property, plant and equipment, net	$	276,039	$	271,355

Summary of Goodwill

The Company had goodwill in the amount of $778,907 and $769,509 as of December 31, 2023 and 2022, respectively, subject to the provisions of ASC 350, “Intangibles-Goodwill and Other.”

Goodwill at December 31, 2021	$	523,949
Goodwill as a result of the Kappa acquisition	216,295
Goodwill as a result of the Bergstrom acquisition	31,209
Impact due to change in foreign exchange rates	(1,944)
Goodwill at December 31, 2022	769,509
Goodwill as a result of the Bergstrom acquisition	341
Impact due to change in foreign exchange rates	9,057
Goodwill at December 31, 2023	$	778,907

	December 31, 2023		December 31, 2022
HNH	$	673,207	$	665,804
ANH	24,469		24,218
Specialty Products	81,175		79,429
Other and Unallocated	56		58
Total	$	778,907	$	769,509

Intangible Assets Estimated Useful Lives

The following intangible assets with finite lives are stated at cost and are amortized either on an accelerated basis or on a straight-line basis over the following estimated useful lives:

	Amortization Period (in years)
Customer relationships and lists	10 - 20
Trademarks and trade names	2 - 17
Developed technology	5 - 12
Regulatory registration costs	5 - 10
Patents and trade secrets	15 - 17
Other	2 - 18

As of December 31, 2023 and 2022, the Company had identifiable intangible assets as follows:

		2023				2022
	Amortization Period (In years)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer relationships and lists	10-20	$	362,032	$	209,651	$	357,131	$	190,576
Trademarks and trade names	2-17	50,286		37,773		50,058		33,416
Developed technology	5-12	41,184		17,516		40,473		16,171
Other	2-18	25,733		23,083		25,041		19,245
		$	479,235	$	288,023	$	472,703	$	259,408