XML 37 R26.htm IDEA: XBRL DOCUMENT v3.26.1
Business Acquisitions (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed
The following table summarizes the allocation of consideration exchanged to the estimated fair values of assets acquired and liabilities assumed, including the allocation to other intangible assets acquired:
Eastern Valve
(in thousands)March 9, 2026 Acquisition DateMeasurement Period AdjustmentsAdjusted Total
Accounts receivable(1)
$3,027 $(380)$2,647 
Inventory1,515 — 1,515 
Other current assets255 — 255 
Property, plant and equipment2,946 — 2,946 
Other intangible assets:
Customer relationships2,064 — 2,064 
Trade names1,621 — 1,621 
Deferred tax liability, net of deferred tax asset(1,406)109 (1,297)
Accounts payable(1,020)— (1,020)
Accrued expenses and other liabilities(670)(31)(701)
Goodwill7,909 597 8,506 
Total purchase consideration exchanged, net of cash acquired$16,241 $295 $16,536 
Cash consideration$16,241 $295 $16,536 
Total purchase consideration exchanged, net of cash acquired$16,241 $295 $16,536 
(1) The fair value of accounts receivable approximated the gross contractual value.
Schedule of Unaudited Pro Forma Information and Actual Results of Business Acquisitions
The following table presents estimated unaudited pro forma consolidated financial information for DSG as if our 2026 acquisition of Eastern Valve disclosed above occurred on January 1, 2025. The unaudited pro forma information reflects adjustments including amortization on acquired intangible assets, interest expense, and the related tax effects. This information is presented for informational purposes only and is not necessarily indicative of future results or the results that would have occurred had the acquisition been completed on January 1, 2025.
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Revenue$577,734 $504,784 $1,056,178 $985,649 
Net income (loss)$8,421 $5,783 $8,768 $9,569 
The following table presents actual results attributable to our 2026 acquisition of Eastern Valve that were included in the unaudited condensed consolidated financial statements for the three and six months ended June 30, 2026. The results for the business acquired in this acquisition are only included in the following table for the portion of the respective three-month or six-month period that is subsequent to its March 9, 2026 acquisition date.
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Revenue$4,099 $— $4,869 $— 
Net income (loss)$791 $— $897 $—