v3.24.0.1

Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2023
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the final allocation of consideration related to the Mathys acquisition as of the acquisition date:
| July 28, 2021
| (In thousands)
Trade Receivables | $ | 19,578 |
Inventory | 76,824 |
Property, Plant and Equipment | 58,465 |
Goodwill | 92,438 |
Intangible Assets | 106,000 |
Accounts payable | (4,808) |
Other assets and liabilities, net | (77,494) |
Consideration, net of cash acquired | $ | 271,003 |
Schedule of Finite-Lived Intangible Assets | The following table summarizes Intangible assets acquired in the Mathys acquisition, excluding Goodwill, as of the acquisition date:
| Intangible |  | Amortization
| Asset |  | Period
| (In thousands) |  | (Years)
Acquired technology | $ | 54,000 |  |  | 12
Customer relationships | 34,000 |  |  | 16
Trademarks | 18,000 |  |  | 20
Intangible assets | $ | 106,000 |  |  |

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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