Acquisition (Tables)

9 Months Ended

Sep. 30, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the preliminary estimated fair values for each major class of assets acquired, net of cash acquired, and liabilities assumed at the Acquisition Date:

Accounts receivable	$	50,817
Inventories	78,464
Prepaid expenses and other current assets	18,836
Property, plant and equipment	80,480
Goodwill	318,307
Other intangible assets	321,000
Other Assets	10,627
Total Assets Acquired	878,531
Accounts payable	(21,826)
Accrued liabilities	(34,955)
Deferred income taxes	(83,886)
Other liabilities	(9,659)
Debt assumed	(9,423)
Total Liabilities Assumed	(159,749)
Net Assets Acquired	$	718,782

Business Acquisition, Pro Forma Information

The pro forma information does not include the effects of any synergies or cost reduction initiatives related to the acquisition.

	Three months ended September 30,				Nine months ended September 30,
	2023		2022		2023		2022
Net sales	$	416,088	$	380,644	$	1,249,129	$	1,153,395
Net (loss) income	(5,712)		1,781		6,122		(82,303)