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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Components of inventories

Inventories consisted of the following:

			June 30, 2024						December 31, 2023
Raw materials and parts			$	171,135					$	180,352
Work-in-progress			72,982						81,181
Finished goods			122,278						124,332
			$	366,395					$	385,865

Components of other intangible assets

Other intangible assets consisted of the following:

			June 30, 2024																		December 31, 2023
			Gross Amount						Accumulated Amortization						Intangibles, Net						Gross Amount						Accumulated Amortization						Intangibles, Net
Customer relationships			$	286,191					$	(109,880)					$	176,311					$	294,180					$	(107,665)					$	186,515
Proven technology and patents			126,154						(76,770)						49,384						129,227						(75,014)						54,213
Tradenames (finite life)			7,762						(4,869)						2,893						7,908						(4,535)						3,373
Tradenames (indefinite life)			35,104						—						35,104						36,320						—						36,320
Other			12,411						(7,949)						4,462						13,236						(8,228)						5,008
			$	467,622					$	(199,468)					$	268,154					$	480,871					$	(195,442)					$	285,429

X

- Definition

Tabular disclosure of amortizable intangible assets and the carrying value of intangible assets not subject to amortization, excluding goodwill, in total by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483489/210-10-50-1

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