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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill
Changes in the carrying amount of goodwill consisted of the following:
Industrial OperationsEnergy OperationsManufacturing OperationsTotal
(In thousands)
Balance at December 31, 2025$7,541 $1,449 $16,800 $25,790 
Effect of foreign currency translation— — (55)(55)
Impairment losses— — — — 
Balance at March 31, 2026$7,541 $1,449 $16,745 $25,735 
Intangible Asset, Finite-Lived
Other intangible assets, net consisted of the following:
March 31, 2026
Weighted Average Amortization PeriodGross Carrying AmountAccumulated AmortizationNet Book Value
(In thousands)
Patents:
Intellectual property operations5 years$368,153 $(356,473)$11,680 
Industrial operations7 years3,400 (2,176)1,224 
Total patents371,553 (358,649)12,904 
Customer relationships:
Industrial operations7 years5,300 (3,392)1,908 
Manufacturing operations15 years21,843 (2,084)19,759 
Total customer relationships27,143 (5,476)21,667 
Trade name and trademarks:
Industrial operations7 years3,430 (2,195)1,235 
Manufacturing operations10 years399 (59)340 
Manufacturing operationsIndefinite8,073 — 8,073 
Total trade name and trademarks11,902 (2,254)9,648 
Developed technology - manufacturing operations10 years1,000 (145)855 
Favorable leases - manufacturing operations1.9 years419 (199)220 
Total$412,017 $(366,723)$45,294 
December 31, 2025
Weighted Average Amortization PeriodGross Carrying AmountAccumulated AmortizationNet Book Value
(In thousands)
Patents:
Intellectual property operations5 years$366,402 $(352,713)$13,689 
Industrial operations7 years3,400 (2,055)1,345 
Total patents369,802 (354,768)15,034 
Customer relationships:
Industrial operations7 years5,300 (3,203)2,097 
Manufacturing operations15 years21,830 (1,702)20,128 
Total customer relationships27,130 (4,905)22,225 
Trade name and trademarks:
Industrial operations7 years3,430 (2,072)1,358 
Manufacturing operations10 years401 (49)352 
Manufacturing operationsIndefinite8,043 — 8,043 
Total trade name and trademarks11,874 (2,121)9,753 
Developed technology - manufacturing operations10 years1,000 (120)880 
Favorable leases - manufacturing operations1.9 years705 (449)256 
Total$410,511 $(362,363)$48,148 
Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated Amortization Expense
The following table presents the scheduled annual aggregate amortization expense (in thousands):
Years Ending December 31,
Remainder of 2026$6,989 
20279,303 
20284,405 
20291,611 
20301,611 
20311,611 
Thereafter11,691 
Total$37,221