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Goodwill and Related Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Amount of Goodwill | The changes in the carrying amount of goodwill for the years ended December 31 were as follows (in thousands):
| Residential |  | Renewables |  | Agtech |  | Infrastructure |  | Total
Balance at December 31, 2022 | $ | 209,056 |  |  | $ | 188,030 |  |  | $ | 83,599 |  |  | $ | 31,678 |  |  | $ | 512,363 |
Acquired goodwill | 4,133 |  |  | — |  |  | — |  |  | — |  |  | 4,133 |
Other changes (1) | 387 |  |  | (3,800) |  |  | 300 |  |  | — |  |  | (3,113) |
Balance at December 31, 2023 | 213,576 |  |  | 184,230 |  |  | 83,899 |  |  | 31,678 |  |  | 513,383 |
Other changes (1) | (4,406) |  |  | — |  |  | (1,558) |  |  | — |  |  | (5,964) |
Balance at December 31, 2024 | $ | 209,170 |  |  | $ | 184,230 |  |  | $ | 82,341 |  |  | $ | 31,678 |  |  | $ | 507,419 |
(1) Other changes in the carrying amounts of goodwill includes adjustment to prior year acquisitions, foreign currency translation and sale of business.
Schedule of Acquired Intangible Assets | Acquired intangible assets consisted of the following (in thousands):
| December 31, 2024 |  | December 31, 2023 |  |
| Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization |  |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |
Trademarks | $ | 40,400 |  |  | $ | — |  |  | $ | 52,300 |  |  | $ | — |  |  |
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |
Trademarks | 2,550 |  |  | 1,773 |  |  | 5,773 |  |  | 4,714 |  |  |
Unpatented technology | 30,329 |  |  | 23,199 |  |  | 34,133 |  |  | 24,295 |  |  |
Customer relationships | 99,060 |  |  | 43,560 |  |  | 110,649 |  |  | 48,088 |  |  |
Non-compete agreements | 709 |  |  | 634 |  |  | 2,376 |  |  | 2,154 |  |  |
| 132,648 |  |  | 69,166 |  |  | 152,931 |  |  | 79,251 |  |  |
Total acquired intangible assets | $ | 173,048 |  |  | $ | 69,166 |  |  | $ | 205,231 |  |  | $ | 79,251 |  |  |
Schedule of Impaired Intangible Assets | The following table summarizes intangible asset impairment for the years ended December 31 (in thousands):
| 2024 |  | 2023 |  | 2022
Indefinite-lived trademarks (1) | $ | 11,300 |  |  | $ | 3,200 |  |  | $ | — |
Amortizing trademarks (2) | — |  |  | 597 |  |  | — |
Total | $ | 11,300 |  |  | $ | 3,797 |  |  | $ | — |
(1) Rebranding initiatives that resulted in the discontinuation of certain indefinite-lived trademarks in both the Renewables and Agtech segments in 2024 and only the Agtech segment in 2023. (2) Write-off of amortizing intangibles related to a discontinued product line in the Renewables segment.
Schedule of Intangible Assets Amortization Expense | The following table summarizes amortization expense for the years ended December 31 (in thousands):
| 2024 |  | 2023 |  | 2022
Amortization expense | $ | 10,656 |  |  | $ | 11,239 |  |  | $ | 11,584 |
Schedule of Amortization Expense | Amortization expense related to acquired intangible assets for the next five years ended December 31 is estimated as follows (in thousands):
|  | 2025 |  | 2026 |  | 2027 |  | 2028 |  | 2029
| Amortization expense | $ | 10,351 |  |  | $ | 9,318 |  |  | $ | 8,033 |  |  | $ | 7,270 |  |  | $ | 7,221 |

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