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Business Acquisitions and Investments (Tables)
 3 Months Ended
Mar. 31, 2024
Foshan GWO YNG SMP Vehicle Climate Control & Cooling Products Co Ltd [Member]  
Business Acquisition [Line Items]  
Allocation of Purchase Price, Assets Acquired And Liabilities Assumed

The following table summarizes the allocation of the total step acquisition purchase consideration to the identifiable assets acquired and liabilities assumed based on their fair values (in thousands):

Total purchase consideration (a)
        
$
21,725
  
Assets acquired and liabilities assumed:
              
Cash and cash equivalents          
  
$
6,779
          
Receivables          
    
5,912
          
Inventory          
    
5,945
          
Other current assets          
    
528
          
Property, plant and equipment, net          
    
2,924
          
Operating lease right-of-use assets          
    
4,372
          
Intangible assets (b)          
    
532
          
Goodwill          
    
2,208
          
Long term investments and other assets
    
7,257
          
Current liabilities          
    
(6,004
)
        
Noncurrent operating lease liabilities
    
(3,455
)
        
                  Subtotal
            
26,998
  
       Fair value of acquired noncontrolling interest
            
(5,273
)
Total purchase consideration allocated to net assets acquired
          
$
21,725
  



(a) Total purchase consideration is the sum of the fair value of the previously held equity investment interest in Gwo Yng of $17.7 million and the cash paid of $4 million for the acquisition of the additional 15% equity ownership interest.

(b) Intangible assets consists of customer relationships of $0.4 million and capitalized software of $0.1 million.