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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill
The changes in the carrying amount of goodwill by reportable segment are as follows (in thousands):
Fire SafetySpecialty ProductsTotal
Balance, December 31, 2021
$867,807 $173,518 $1,041,325 
Purchase price adjustment under Business Combination Agreement2,356 — 2,356 
Foreign currency translation(9,844)(2,377)(12,221)
Balance, December 31, 2022
$860,319 $171,141 $1,031,460 
Foreign currency translation3,570 1,249 4,819 
Balance, December 31, 2023
$863,889 $172,390 $1,036,279 
Schedule of Definite Lived Intangible Assets
Intangible assets and related accumulated amortization as of December 31, 2023 and 2022 are as follows (in thousands):
December 31, 2023
Estimated
Useful Life
(in years)
Gross ValueImpairmentForeign
Currency
Translation
Accumulated
Amortization
Net Book
Value
Definite Lived Intangible Assets:
Customer lists20$761,000 $— $(5,294)$(80,920)$674,786 
Technology and patents20250,000 (40,738)(2,096)(26,513)180,653 
Tradenames20101,000 — (691)(10,741)89,568 
Balance, December 31, 2023
$1,112,000 $(40,738)$(8,081)$(118,174)$945,007 
December 31, 2022
Estimated
Useful Life
(in years)
Gross ValueForeign
Currency
Translation
Accumulated
Amortization
Net Book
Value
Definite Lived Intangible Assets:
Customer lists20$761,000 $(7,451)$(43,220)$710,329 
Technology and patents20250,000 (3,029)(14,153)232,818 
Tradenames20101,000 (970)(5,737)94,293 
Balance, December 31, 2022
$1,112,000 $(11,450)$(63,110)$1,037,440 
Schedule of Intangible Asset Future Amortization Expense
Estimated annual amortization expense of intangible assets for the five years subsequent to December 31, 2023 and thereafter is as follows (in thousands):
Years Ending December 31:
Amount
2024$53,350 
202553,350 
202653,350 
202753,350 
202853,350 
Thereafter678,257 
Total$945,007