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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table summarizes the estimated, preliminary fair values of the assets acquired and liabilities assumed for all three acquisitions in total as of their respective acquisition dates (in thousands):
Receivables$6,537 
Inventory8,278 
Other current assets345 
Property, plant and equipment2,342 
Intangible assets44,759 
Goodwill50,596 
Operating lease right-of-use assets6,167 
   Total assets acquired$119,024 
Accounts payable$2,497 
Accrued liabilities6,888 
Long-term debt2,440 
Deferred income taxes11,460 
Long-term operating lease liabilities2,926 
Other long-term liabilities8,421 
   Total liabilities assumed$34,632 
Net assets $84,392 
Schedule of Acquired Intangible Assets The intangible assets related to the three acquisitions consisted of the following:
Fair ValueAmortization Period
(In thousands)(In years)
Intangible assets subject to amortization:
Developed technologies$26,626 4.0
Customer relationships13,427 18.5
Trademarks2,206 2.0
Sales backlog2,300 0.9
Non-compete agreements200 3.5
Total intangible assets subject to amortization$44,759 
Intangible assets not subject to amortization:
Goodwill$50,596 n/a
Total intangible assets not subject to amortization$50,596 
Total intangible assets$95,355 
Weighted average amortization period8.1