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Business Combinations and Asset Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Purchase Price Allocation [Table Text Block]
The following table summarizes the fair value of the assets acquired and liabilities assumed as of the October 20, 2023 acquisition date:

(in thousands)Fair Value
Accounts receivable$1,394 
Inventories22,718 
Factor accounts receivable51,940 
Operating lease right-of-use asset2,902 
Prepaid expenses and other current assets172 
Property and equipment, net248 
Intangibles, net(1)
32,950 
Accounts payable(31,857)
Accrued expenses(1,699)
Operating leases - current portion(474)
Operating leases - long-term portion(2,703)
Total fair value excluding goodwill$75,591 
Goodwill10,937 
Net assets acquired$86,528 
(1) Consists of a trademark of $9,050 and customer relationships of $23,900, both of which are amortized over 20 years. During the third quarter of 2024, the Company determined that the trademark was impaired and recognized an impairment charge of $8,635 for the remaining carrying value of the trademark. See Note K – Goodwill and Intangible Assets for further information.