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Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Changes in the carrying amount of goodwill are as follows:
(In thousands)
Balance at December 31, 2023$47,283 
Effects of foreign currency(61)
Balance at December 31, 202447,222 
Acquisition28,179 
Effects of foreign currency940 
Balance at December 31, 2025$76,341 
We completed the annual evaluation of the carrying value of our goodwill as of November 1, 2025 and determined that the fair value exceeded the net carrying value, and therefore, no impairment was required.
In November 2025, we completed the acquisition of Grassform, which resulted in additions to goodwill of $28.2 million and amortizable intangible assets of $12.8 million. See Note 2 for additional information.
Other intangible assets consisted of the following:
 December 31, 2025December 31, 2024
(In thousands)Gross
Carrying
Amount
Accumulated
Amortization
Other
Intangible
Assets, Net
Gross
Carrying
Amount
Accumulated
Amortization
Other
Intangible
Assets, Net
Technology related$11,600 $(6,561)$5,039 $11,600 $(5,757)$5,843 
Customer related31,300 (15,042)16,258 18,250 (13,762)4,488 
Total intangible assets$42,900 $(21,603)$21,297 $29,850 $(19,519)$10,331 
Total amortization expense related to other intangible assets was $2.1 million, $2.1 million and $2.4 million in 2025, 2024 and 2023, respectively.
Estimated future amortization expense for the years ended December 31 is as follows:
(In thousands)20262027202820292030ThereafterTotal
Technology related$803 $788 $713 $713 $713 $1,309 $5,039 
Customer related3,767 3,102 2,359 1,842 1,446 3,742 16,258 
Total future amortization expense$4,570 $3,890 $3,072 $2,555 $2,159 $5,051 $21,297 
The weighted average amortization period for technology related and customer related intangible assets is 15 years and 13 years, respectively.