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Industry Segment and Geographic Data (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Sales and Operating Income by Operating Segments
Year ended December 31, 2024Vehicle ControlTemperature ControlEngineered SolutionsNissens AutomotiveOtherTotal
Net sales$762,560 $380,088 $285,456 $35,745 $— $1,463,849 
Cost of sales518,475 262,296 235,537 24,220 — 1,040,528 
Gross profit244,085 117,792 49,919 11,525 — 423,321 
Selling and marketing expenses45,878 15,938 8,060 1,536 — 71,412 
Distribution expenses57,627 32,858 5,290 7,097 4,579 107,451 
General and administration expenses36,935 16,763 20,906 5,560 17,052 97,216 
Supply chain financing expenses32,090 16,449 — — — 48,539 
Restructuring and integration expenses4,249 847 843 — 1,729 7,668 
Other expenses— — — 100 10,311 10,411 
Total operating expenses176,779 82,855 35,099 14,293 33,671 342,697 
Operating income (loss)$67,306 $34,937 $14,820 $(2,768)$(33,671)$80,624 
Other non-operating income, net6,877 
Interest expense13,512 
Earnings from continuing operations before income taxes$73,989 
Year ended December 31, 2023Vehicle ControlTemperature ControlEngineered SolutionsNissens AutomotiveOtherTotal
Net sales$737,932 $337,754 $282,586 $— $— $1,358,272 
Cost of sales499,717 241,927 227,802 — — 969,446 
Gross profit238,215 95,827 54,784 — — 388,826 
Selling and marketing expenses46,223 16,772 8,407 — — 71,402 
Distribution expenses54,401 30,467 4,989 — — 89,857 
General and administration expenses34,430 14,664 21,186 — 15,937 86,217 
Supply chain financing expenses30,558 15,473 — — — 46,031 
Restructuring and integration expenses1,276 1,108 258 — — 2,642 
Other expenses— — — — — — 
Total operating expenses166,888 78,484 34,840 — 15,937 296,149 
Operating income (loss)$71,327 $17,343 $19,944 $— $(15,937)$92,677 
Other non-operating income, net2,326 
Interest expense13,287 
Earnings from continuing operations before income taxes$81,716 
Year ended December 31, 2022Vehicle ControlTemperature ControlEngineered SolutionsNissens AutomotiveOtherTotal
Net sales$750,571 $351,237 $270,007 $— $— $1,371,815 
Cost of sales518,304 252,323 218,649 — — 989,276 
Gross profit232,267 98,914 51,358 — — 382,539 
Selling and marketing expenses49,245 17,666 7,239 — — 74,150 
Distribution expenses54,081 29,868 4,377 — — 88,326 
General and administration expenses31,812 13,969 21,029 — 15,190 82,000 
Supply chain financing expenses21,480 10,557 — — — 32,037 
Restructuring and integration expenses1,496 395 — — — 1,891 
Other expenses— — — — — — 
Total operating expenses158,114 72,455 32,645 — 15,190 278,404 
Operating income (loss)$74,153 $26,459 $18,713 $— $(15,190)$104,135 
Other non-operating income, net4,814 
Interest expense10,617 
Earnings from continuing operations before income taxes$98,332 
Schedule of Reconciliation of Segment Operating Income to Net Earnings
Year Ended December 31,
202420232022
Depreciation and amortization
Vehicle Control$14,841 $13,877 $14,075 
Temperature Control3,307 3,424 2,973 
Engineered Solutions9,608 9,966 9,557 
Nissens Automotive1,943 — — 
Other1,714 1,755 1,693 
Total depreciation and amortization$31,413 $29,022 $28,298 
Investment in unconsolidated affiliates
Vehicle Control$2,447 $2,496 $2,490 
Temperature Control20,396 19,711 27,557 
Engineered Solutions1,999 1,843 11,698 
Nissens Automotive— — 
Other— — — 
Total investment in unconsolidated affiliates$24,842 $24,050 $41,745 
Capital expenditures
Vehicle Control$29,603 $13,955 $13,378 
Temperature Control2,621 1,899 3,973 
Engineered Solutions9,721 12,095 6,489 
Nissens Automotive213 — — 
Other1,860 684 2,116 
Total capital expenditures$44,018 $28,633 $25,956 
Total assets
Vehicle Control$659,607 $620,569 $618,789 
Temperature Control276,216 274,657 254,137 
Engineered Solutions285,866 292,080 289,518 
Nissens Automotive482,773 — — 
Other109,664 105,741 92,485 
Total assets$1,814,126 $1,293,047 $1,254,929 
Schedule of Long-lived Assets by Geographical Areas
December 31,
(in thousands)202420232022
Long-lived assets (a)
United States$378,557 $368,792 $326,199 
Denmark347,629 — — 
Asia67,406 75,869 76,766 
Europe59,909 $44,517 $38,351 
Mexico21,173 13,262 10,355 
Canada4,329 5,851 7,161 
Total long-lived assets$879,003 $508,291 $458,832 
(a)Long-lived assets are attributed to countries based upon the location of the assets.