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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2022
Goodwill and Other Intangible Assets [Abstract] |
Carrying Value of Goodwill by Operating Segment | Changes in the carrying values of goodwill by operating segment during the years ended December 31, 2022 and 2021 are as follows (in thousands):
|  | Engine Management |  |  | Temperature Control |  |  | Total |
Balance as of December 31, 2020: |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 102,055 |  |  | $ | 14,270 |  |  | $ | 116,325 |
Accumulated impairment losses |  |  | (38,488 | ) |  |  | — |  |  |  | (38,488 | )
|  | $ | 63,567 |  |  | $ | 14,270 |  |  | $ | 77,837 |
Activity in 2021 |  |  |  |  |  |  |  |  |  |  |  |
Acquisition of Trombetta |  |  | 49,250 |  |  |  | — |  |  |  | 49,250 |
Acquisition of Stabil |  |  | 4,827 |  |  |  | — |  |  |  | 4,827 |
Foreign currency exchange rate change |  |  | (262 | ) |  |  | — |  |  |  | (262 | )
Balance as of December 31, 2021: |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 155,870 |  |  |  | 14,270 |  |  |  | 170,140 |
Accumulated impairment losses |  |  | (38,488 | ) |  |  | — |  |  |  | (38,488 | )
|  | $ | 117,382 |  |  | $ | 14,270 |  |  | $ | 131,652 |
Activity in 2022 |  |  |  |  |  |  |  |  |  |  |  |
Acquisition of Kade |  |  | — |  |  |  | 766 |  |  |  | 766 |
Foreign currency exchange rate change |  |  | (402 | ) |  |  | 71 |  |  |  | (331 | )
Balance as of December 31, 2022: |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 155,468 |  |  |  | 15,107 |  |  |  | 170,575 |
Accumulated impairment losses |  |  | (38,488 | ) |  |  | — |  |  |  | (38,488 | )
|  | $ | 116,980 |  |  | $ | 15,107 |  |  | $ | 132,087 |
Acquired Identifiable Intangible Assets | Acquired identifiable intangible assets as of December 31, 2022 and 2021 consist of:
|  | December 31, |
|  | 2022 |  |  | 2021 |
|  | (In thousands) |
Customer relationships |  | $ | 158,717 |  |  | $ | 157,020 |
Patents, developed technology and intellectual property |  |  | 14,123 |  |  |  | 14,123 |
Trademarks and trade names |  |  | 8,880 |  |  |  | 8,880 |
Non-compete agreements |  |  | 3,282 |  |  |  | 3,280 |
Supply agreements |  |  | 800 |  |  |  | 800 |
Leaseholds |  |  | 160 |  |  |  | 160 |
Total acquired intangible assets |  |  | 185,962 |  |  |  | 184,263 |
Less accumulated amortization (1) |  |  | (86,945 | ) |  |  | (78,932 | )
Net acquired intangible assets |  | $ | 99,017 |  |  | $ | 105,331 |
| (1) | Applies to all intangible assets, except for a related trademark/trade name totaling $2.6 million, which has an indefinite useful life and, as such, is not being amortized.

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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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