XML 43 R32.htm IDEA: XBRL DOCUMENT v3.26.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 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— — (218)(218)
Impairment losses— — — — 
Balance at June 30, 2026$7,541 $1,449 $16,582 $25,572 
Intangible Asset, Finite-Lived
Other intangible assets, net consisted of the following:
June 30, 2026
Weighted Average Amortization PeriodGross Carrying AmountAccumulated AmortizationNet Book Value
(In thousands)
Patents:
Intellectual property operations5 years$368,153 $(357,933)$10,220 
Industrial operations7 years3,400 (2,297)1,103 
Total patents371,553 (360,230)11,323 
Customer relationships:
Industrial operations7 years5,300 (3,581)1,719 
Manufacturing operations15 years21,756 (2,415)19,341 
Total customer relationships27,056 (5,996)21,060 
Trade name and trademarks:
Industrial operations7 years3,430 (2,318)1,112 
Manufacturing operations10 years194 (68)126 
Manufacturing operationsIndefinite8,297 — 8,297 
Total trade name and trademarks11,921 (2,386)9,535 
Developed technology - manufacturing operations10 years1,000 (170)830 
Favorable leases - manufacturing operations1.9 years419 (231)188 
Total$411,949 $(369,013)$42,936 
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$4,660 
20279,302 
20284,405 
20291,611 
20301,611 
20311,611 
Thereafter11,439 
Total$34,639