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Acquisition (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The following table summarizes the estimated fair values for each major class of assets acquired, net of cash acquired, and liabilities assumed at the Acquisition Date, inclusive of subsequent purchase price adjustments:

Accounts receivable$50,715 
Inventories77,914 
Prepaid expenses and other current assets18,093 
Property, plant and equipment80,480 
Goodwill320,883 
Other intangible assets320,000 
Other Assets10,627 
Total Assets Acquired878,712 
Accounts payable(21,826)
Accrued liabilities(35,701)
Deferred income taxes(83,480)
Other liabilities(9,659)
Debt assumed(9,423)
Total Liabilities Assumed(160,089)
Net Assets Acquired$718,623 
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.
Twelve months ended December 31,
20232022
Net sales
$1,664,652 $1,544,888 
Net income (loss)
21,942 (77,355)