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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
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.