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Goodwill and Related Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule Of Changes In Carrying Amount Of Goodwill

The changes in the carrying amount of goodwill for the nine months ended September 30, 2021 are as follows (in thousands):

			Renewables						Residential						Agtech						Infrastructure						Total
Balance at December 31, 2020			$	192,527					$	205,452					$	84,622					$	31,678					$	514,279
Adjustments to prior year acquisitions			(4,323)						—						—						—						(4,323)
Foreign currency translation			(990)						—						(306)						—						(1,296)
Balance at September 30, 2021			$	187,214					$	205,452					$	84,316					$	31,678					$	508,660

Schedule Of Acquired Intangible Assets

Acquired intangible assets consist of the following (in thousands):

			September 30, 2021												December 31, 2020
			Gross Carrying Amount						Accumulated Amortization						Gross Carrying Amount						Accumulated Amortization
Indefinite-lived intangible assets:
Trademarks			$	61,000					$	—					$	56,570					$	—
Finite-lived intangible assets:
Trademarks			5,520						3,878						5,818						3,385
Unpatented technology			38,442						19,891						38,752						17,765
Customer relationships			108,937						37,815						98,500						31,580
Non-compete agreements			2,685						1,913						4,885						1,747
Backlog			7,200						5,632						7,228						911
			162,784						69,129						155,183						55,388
Total acquired intangible assets			$	223,784					$	69,129					$	211,753					$	55,388

Schedule of Acquired Intangible Asset Amortization Expense

The following table summarizes the acquired intangible asset amortization expense for the three and nine months ended September 30 (in thousands):

			Three Months Ended September 30,												Nine Months Ended September 30,
			2021						2020						2021						2020
Amortization expense			$	4,646					$	2,946					$	14,125					$	6,948

Schedule Of Amortization Expense

Amortization expense related to acquired intangible assets for the remainder of fiscal 2021 and the next five years thereafter is estimated as follows (in thousands):

			2021						2022						2023						2024						2025						2026
Amortization expense			$	4,690					$	12,132					$	11,200					$	11,020					$	10,785					$	9,210

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Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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-Name Accounting Standards Codification
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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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