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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table presents information about our segment revenue, segment profit or loss, and significant segment expenses (in thousands):

						Year ended December 31,
						2025						2024						2023
REVENUES						$	2,231,262					$	2,382,046					$	2,259,126
Less:
Standard COGS(1)						1,007,545						1,193,994						1,114,294
Quality remediation/recall(2)						40,459						19,126						58,243
Other COGS(3)						326,914						344,144						346,716
Tariff expense(4)						34,305						—						—
Selling, general and administrative						625,210						638,762						606,693
Research and development						87,495						88,615						85,344
Restructuring and integration						66,505						59,840						41,258
Other segment items(5)						(54,867)						(2,964)						(17,850)
Interest expense						93,338						106,541						102,727
Income tax provision (benefit)						2,437						51,676						(48,644)
Equity in losses of unconsolidated affiliates						1,189						—						—
Consolidated net income (loss)						$	732					$	(117,688)					$	(29,655)

_______________

(1) Represents the average annual budgeted cost of producing each good sold in the period.

(2) Represents significant labor and material costs to replace or repair a product outside the scope of standard warranty and compliance costs related to quality systems and manufacturing operations.

(3) Includes costs related to capitalized manufacturing variances to standard COGS, supply chain and logistics costs including freight, inventory management and reserves, hardware service, quality and regulatory, and operations and supply chain management costs.

(4) For the year ended 2025, total tariff expense includes $3.1 million in tariffs typically grouped within standard COGS and $31.2 million typically grouped within other COGS. Prior year comparative data for tariff-related expenses is not presented as these costs were historically integrated within broad general ledger accounts and are not practicable to discretely calculate without unreasonable effort.

(5) Includes changes in fair value of contingent earn-out, interest income, gain/loss on disposition of assets, gain/loss on foreign exchange, other miscellaneous income/expense and gain on sale of business.

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country

The table below presents our gross long-lived assets, consisting of property, plant and equipment, by country or region (in thousands):

						As of December 31,
						2025						2024
Costa Rica						$	168,678					$	156,149
Mexico						127,389						111,043
Other LATAM						71,054						55,451
Canada						1,982						5,284
Italy						35,468						29,124
Spain						21,532						17,141
Czech Republic						14,111						11,909
Other Europe						11,485						11,445
APAC						28,239						27,550
Total Foreign						$	479,938					$	425,096
United States						617,792						610,547
Worldwide Total						$	1,097,730					$	1,035,643

X

- Definition

Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

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X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

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