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ACQUISITIONS (Tables) | 12 Months Ended
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Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Schedule of Asset Acquisition, Contingent Consideration | The following table provides a reconciliation of the beginning and ending aggregate fair values of the contingent consideration:
|  | Year Ended December 31, |
($ in thousands) |  | 2025 |  | 2024 |
Balance at January 1 |  | $ | 3,608 |  |  | $ | 8,510 |  |
Additions |  | 3,200 |  |  | 2,030 |  |
Fair value adjustments |  | (4,298) |  |  | (1,900) |  |
Settlements |  | (65) |  |  | (5,032) |  |
Balance at December 31 |  | $ | 2,445 |  |  | $ | 3,608 |  |
The following table shows the balance sheet location of the fair value of contingent consideration and the maximum amount of contingent consideration payments the Company may be subject to:
|  | As of December 31, |
($ in thousands) |  | 2025 |  | 2024 |
Accrued liabilities |  | $ | 1,383 |  |  | $ | 1,665 |  |
Other long-term liabilities |  | 1,062 |  |  | 1,943 |  |
Total fair value of contingent consideration |  | $ | 2,445 |  |  | $ | 3,608 |  |
Maximum amount of contingent consideration |  | $ | 9,343 |  |  | $ | 8,618 |  |
Schedule of Business Combination | The Company completed seven acquisitions in the year ended December 31, 2024, including the following previously announced acquisitions (collectively, the "2024 Acquisitions"):
Company |  | Segment |  | Description
Sportech, LLC ("Sportech") |  | Manufacturing |  | Leading designer and manufacturer of high-value, complex component solutions sold to powersports original equipment manufacturers ("OEMs"), adjacent market OEMs and the aftermarket, including integrated door systems, roofs, canopies, bumpers, windshields, fender flares and cowls, based in Elk River, Minnesota, acquired in January 2024.
ICON Direct LLC doing business as RecPro ("RecPro") |  | Distribution |  | Leading e-commerce business and aftermarket platform specializing in creating and marketing component products, systems, and solutions for the RV and marine end markets, based in Bristol, Indiana, acquired in September 2024
The Company completed three acquisitions in the year ended December 31, 2023, including the following previously announced acquisition (collectively, the "2023 Acquisitions"):
Company |  | Segment |  | Description
BTI Transport |  | Distribution |  | Provider of transportation and logistics services to marine original equipment manufacturers ("OEMs") and dealers, based in Elkhart, Indiana, acquired in April 2023. The acquired business operates under the Patrick Marine Transport brand.
Schedule of Pro Forma Information | In addition, the pro forma information includes incremental amortization expense, net of tax related to intangible assets acquired of $0.6 million and $4.4 million for the years ended December 31, 2025 and 2024, respectively, in connection with the acquisitions as if they occurred as of the beginning of the year immediately preceding each such acquisition.
|  | Year Ended December 31,
($ in thousands, except per share data) |  | 2025 |  | 2024
Net sales |  | $ | 3,965,813 |  |  | $ | 3,875,437 |
Net income |  | $ | 136,533 |  |  | $ | 142,552 |
Basic earnings per common share |  | $ | 4.20 |  |  | $ | 4.38 |
Diluted earnings per common share |  | $ | 3.94 |  |  | $ | 4.23 |
Schedule of Assets Acquired and Liabilities Assumed | The following table summarizes the fair values of the assets acquired and liabilities assumed as of the date of the acquisition for 2025, 2024, and 2023 Acquisitions:
|  |  |  | 2025 Acquisitions |  | 2024 Acquisitions |  | 2023 Acquisitions
($ in thousands) |  |  | Sportech |  | All Others |  | Total |
Consideration: |  |  |  |  |  |  |  |  |  |
| Cash, net of cash acquired |  | $ | 117,387 |  |  | $ | 319,073 |  |  | $ | 96,998 |  |  | $ | 416,071 |  |  | $ | 26,294 |
| Working capital holdback and other, net |  | 596 |  |  | — |  |  | — |  |  | — |  |  | — |
| Contingent consideration |  | 2,102 |  |  | — |  |  | 2,030 |  |  | 2,030 |  |  | 1,600 |
|  | Total consideration |  | $ | 120,085 |  |  | $ | 319,073 |  |  | $ | 99,028 |  |  | $ | 418,101 |  |  | $ | 27,894 |
Assets Acquired: |  |  |  |  |  |  |  |  |  |
| Trade receivables |  | $ | 9,009 |  |  | $ | 21,587 |  |  | $ | 2,256 |  |  | $ | 23,843 |  |  | $ | 1,293 |
| Inventories |  | 18,689 |  |  | 20,611 |  |  | 19,011 |  |  | 39,622 |  |  | 4,430 |
| Prepaid expenses & other |  | 455 |  |  | 1,719 |  |  | 3,495 |  |  | 5,214 |  |  | 105 |
| Property, plant & equipment |  | 24,967 |  |  | 18,766 |  |  | 6,997 |  |  | 25,763 |  |  | 8,165 |
| Operating lease right-of-use assets |  | — |  |  | 15,096 |  |  | 1,283 |  |  | 16,379 |  |  | 1,044 |
| Identifiable intangible assets: |  |  |  |  |  |  |  |  |  |
|  | Customer relationships |  | 20,790 |  |  | 152,000 |  |  | 17,560 |  |  | 169,560 |  |  | 10,075 |
|  | Non-compete agreements |  | 1,600 |  |  | 2,000 |  |  | 2,375 |  |  | 4,375 |  |  | 270 |
|  | Patents |  | 5,230 |  |  | 17,500 |  |  | 600 |  |  | 18,100 |  |  | — |
|  | Trademarks |  | 5,350 |  |  | 20,500 |  |  | 8,000 |  |  | 28,500 |  |  | — |
Liabilities Assumed: |  |  |  |  |  |  |  |  |  |
| Current portion of operating lease obligations |  | — |  |  | (1,437) |  |  | (586) |  |  | (2,023) |  |  | (262) |
| Accounts payable & accrued liabilities |  | (7,680) |  |  | (32,398) |  |  | (4,312) |  |  | (36,710) |  |  | (514) |
| Operating lease obligations |  | — |  |  | (13,658) |  |  | (699) |  |  | (14,357) |  |  | (781) |
| Deferred tax liabilities |  | — |  |  | (21,288) |  |  | — |  |  | (21,288) |  |  | — |
|  | Total fair value of net assets acquired |  | 78,410 |  |  | 200,998 |  |  | 55,980 |  |  | 256,978 |  |  | 23,825 |
|  | Goodwill (1) |  | 41,675 |  |  | 118,075 |  |  | 43,048 |  |  | 161,123 |  |  | 5,814 |
|  | Bargain purchase gain |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,745) |
|  |  |  | $ | 120,085 |  |  | $ | 319,073 |  |  | $ | 99,028 |  |  | $ | 418,101 |  |  | $ | 27,894 |
(1)Goodwill is tax-deductible for the 2025 Acquisitions and 2024 Acquisitions, except for Sportech which is only partially tax-deductible, and for the 2023 Acquisitions.

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