XML 46 R31.htm IDEA: XBRL DOCUMENT
v3.22.4

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Accounting Policies [Abstract] |
Schedule of Intangible Assets | Depreciation is computed using the straight-line method over the following estimated useful lives:
Buildings and leasehold improvements | 3 - 40 years
Machinery and equipment | 3 - 20 years
Furniture and fixtures | 3 - 15 years
Amortization is computed using the straight-line method over the following estimated useful lives:
Intellectual property | 30 years
Customer relationships | 14 years
Our intangible assets consist of the following:
| December 31,
| 2022 |  | 2021
Definite-lived intangible assets | (in thousands)
Intellectual property | $ | 6,295 |  |  | $ | 6,479 |
Customer relationships | 47,547 |  |  | 48,684 |
Less: Accumulated amortization | (3,807) |  |  | (208) |
Total, net | 50,035 |  |  | 54,955 |
Indefinite-lived intangible assets |  |  |
Trademarks | 14,571 |  |  | 15,166 |
Total intangible assets, net | $ | 64,606 |  |  | $ | 70,121 |
Schedule of Goodwill | The changes in the carrying amount of goodwill were as follows:
| Years Ended December 31, |  |
| 2022 |  | 2021 |  |
| (in thousands) |  |
Balance, beginning of period | $ | 85,727 |  |  | $ | 3,229 |  |  |
Additions due to acquisitions (Note 4) | — |  |  | 82,498 |  |  |
Decreases due to acquisition adjustments (Note 4) | (3,835) |  |  | — |  |  |
Balance, end of period | 81,892 |  |  | 85,727 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration