ACQUISITION (Tables)

3 Months Ended

Mar. 31, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the consideration transferred to acquire Deflecto and the recognized amounts of identifiable assets and acquired liabilities assumed at the acquisition date (in thousands):

Fair value of consideration transferred:
Cash	$	59,898
Closing indebtedness	21,391
Transaction expenses paid to Sellers	15,290
Adjustment and indemnity escrow amount	1,184
Total consideration	$	97,763
Identifiable assets acquired and liabilities assumed:
Cash and cash equivalents	$	11,316
Accounts receivables	15,705
Inventories	17,617
Prepaid expenses and other current assets	4,498
Deferred tax assets	11,588
Property, plant and equipment, net	23,203
Operating lease, right-of-use assets	8,841
Customer relationships	22,400
Trade names and trademarks	9,100
Developed technology	1,000
Favorable leases	704
Accounts payable	(8,836)
Accrued expenses	(17,172)
Liability for sales tax and fees	(7,000)
Current lease liabilities	(2,614)
Long-term lease liabilities	(6,354)
Deferred tax liabilities	(3,031)
Total identifiable net assets	$	80,965
Goodwill	$	16,798