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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Financial Information Related to Company's Segments | The following table sets out financial information related to the Company’s segments (in thousands):
Years Ended December 31, |  | Service Centers |  | Innovative Pumping Solutions |  | Supply Chain Services |  | Total
2022 |  |  |  |  |  |  |  |
Total Revenue |  | $ | 1,009,356 |  |  | $ | 231,102 |  |  | $ | 240,374 |  |  | $ | 1,480,832 |
Operating income for reportable segments, excluding adjustments |  | 127,174 |  |  | 30,037 |  |  | 19,530 |  |  | 176,741 |
Identifiable assets at year end |  | 746,548 |  |  | 144,352 |  |  | 90,480 |  |  | 981,380 |
Capital expenditures |  | 1,419 |  |  | 2,506 |  |  | 43 |  |  | 3,968 |
Depreciation |  | 3,038 |  |  | 4,549 |  |  | 144 |  |  | 7,731 |
Amortization |  | 12,294 |  |  | 6,621 |  |  | — |  |  | 18,915 |
Years Ended December 31, |  | Service Centers |  | Innovative Pumping Solutions |  | Supply Chain Services |  | Total |
2021 |  |  |  |  |  |  |  |  |
Total Revenue |  | $ | 816,496 |  |  | $ | 139,591 |  |  | $ | 157,834 |  |  | $ | 1,113,921 |  |
Operating income for reportable segments, excluding adjustments |  | 98,931 |  |  | 12,070 |  |  | 11,963 |  |  | 122,964 |  |
Identifiable assets at year end |  | 642,184 |  |  | 134,374 |  |  | 44,684 |  |  | 821,242 |  |
Capital expenditures |  | 999 |  |  | 2,574 |  |  | 25 |  |  | 3,598 |  |
Depreciation |  | 3,475 |  |  | 4,270 |  |  | 389 |  |  | 8,134 |  |
Amortization |  | 11,107 |  |  | 6,090 |  |  | — |  |  | 17,197 |  |
Years Ended December 31, |  | Service Centers |  | Innovative Pumping Solutions |  | Supply Chain Services |  | Total
2020 |  |  |  |  |  |  |  |
Total Revenue |  | $ | 662,617 |  |  | $ | 187,991 |  |  | $ | 154,658 |  |  | $ | 1,005,266 |
Operating income for reportable segments, excluding adjustments |  | 71,834 |  |  | 16,882 |  |  | 12,804 |  |  | 101,520 |
Identifiable assets at year end |  | 564,921 |  |  | 130,505 |  |  | 56,721 |  |  | 752,147 |
Capital expenditures |  | 1,254 |  |  | 4,457 |  |  | — |  |  | 5,711 |
Depreciation |  | 3,299 |  |  | 4,441 |  |  | 387 |  |  | 8,127 |
Amortization |  | 6,989 |  |  | 5,298 |  |  | — |  |  | 12,287 |
Schedule of Reconciliation of Operating Income for Reportable Segments to Consolidated Income Before Taxes |
| Years Ended December 31,
| 2022 |  | 2021 |  | 2020
Operating income for reportable segments, excluding adjustments | $ | 176,741 |  |  | $ | 122,964 |  |  | $ | 101,520 |
Adjustments for: |  |  |  |  |
Amortization of intangibles | 18,915 |  |  | 17,197 |  |  | 12,287 |
Impairment and other charges | — |  |  | — |  |  | 59,883 |
Corporate and other expense, net | 60,074 |  |  | 65,910 |  |  | 57,018 |
Total operating income | $ | 97,752 |  |  | $ | 39,857 |  |  | $ | (27,668) |
Interest expense | 29,135 |  |  | 21,089 |  |  | 20,571 |
Other expenses (income), net | 2,716 |  |  | (414) |  |  | 74 |
Income before income taxes | $ | 65,901 |  |  | $ | 19,182 |  |  | $ | (48,313) |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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