XML 48 R31.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in the Carrying Amount of Goodwill | Changes in the carrying amount of goodwill by reportable segment are as follows:
(In thousands) | Fluids Systems |  | Industrial Solutions |  | Total
Balance at December 31, 2019 | $ | — |  |  | $ | 42,332 |  |  | $ | 42,332 |
Effects of foreign currency | — |  |  | 112 |  |  | 112 |
Balance at December 31, 2020 | — |  |  | 42,444 |  |  | 42,444 |
Acquisition | — |  |  | 4,871 |  |  | 4,871 |
Effects of foreign currency | — |  |  | (32) |  |  | (32) |
Balance at December 31, 2021 | $ | — |  |  | $ | 47,283 |  |  | $ | 47,283 |
Schedule of Other Intangible Assets | Other intangible assets consisted of the following:
| December 31, 2021 |  | December 31, 2020
(In thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Other Intangible Assets, Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Other Intangible Assets, Net
Technology related | $ | 20,315 |  |  | $ | (9,201) |  |  | $ | 11,114 |  |  | $ | 20,398 |  |  | $ | (7,958) |  |  | $ | 12,440 |
Customer related | 37,176 |  |  | (23,843) |  |  | 13,333 |  |  | 33,891 |  |  | (21,458) |  |  | 12,433 |
Total amortizing intangible assets | 57,491 |  |  | (33,044) |  |  | 24,447 |  |  | 54,289 |  |  | (29,416) |  |  | 24,873 |
Permits and licenses | 512 |  |  | — |  |  | 512 |  |  | 555 |  |  | — |  |  | 555 |
Total indefinite-lived intangible assets | 512 |  |  | — |  |  | 512 |  |  | 555 |  |  | — |  |  | 555 |
Total intangible assets | $ | 58,003 |  |  | $ | (33,044) |  |  | $ | 24,959 |  |  | $ | 54,844 |  |  | $ | (29,416) |  |  | $ | 25,428 |
Schedule of Estimated Future Amortization Expense | Estimated future amortization expense for the years ended December 31 is as follows:
(In thousands) | 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | Thereafter |  | Total
Technology related | $ | 1,245 |  |  | $ | 1,073 |  |  | $ | 1,051 |  |  | $ | 1,049 |  |  | $ | 1,049 |  |  | $ | 5,647 |  |  | $ | 11,114 |
Customer related | 2,785 |  |  | 2,260 |  |  | 1,843 |  |  | 1,533 |  |  | 1,268 |  |  | 3,644 |  |  | 13,333 |
Total future amortization expense | $ | 4,030 |  |  | $ | 3,333 |  |  | $ | 2,894 |  |  | $ | 2,582 |  |  | $ | 2,317 |  |  | $ | 9,291 |  |  | $ | 24,447 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration