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Industry Segments (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Net Sales and Operating Income for Each Reportable Operating Segment

The following tables contain financial information for each reportable operating segment (in thousands):

Three Months Ended March 31, 2025						Vehicle Control						Temperature Control						Engineered Solutions						Nissens Automotive						Other						Total
Net sales						$	192,342					$	88,883					$	65,972					$	66,182					$	—					$	413,379
Cost of sales						130,181						61,285						54,263						42,928						—						288,657
Gross profit						62,161						27,598						11,709						23,254						—						124,722
Selling and marketing expenses						12,335						4,197						1,930						2,763						—						21,225
Distribution expenses						15,447						8,113						1,496						9,347						487						34,890
General and administration expenses						9,667						4,325						5,087						8,130						6,369						33,578
Supply chain financing expenses						6,404						2,927						—						—						—						9,331
Restructuring and integration expenses						526						136						20						—						(9)						673
Other expenses						—						—						—						427						136						563
Total operating expenses						44,379						19,698						8,533						20,667						6,983						100,260
Operating income (loss)						$	17,782					$	7,900					$	3,176					$	2,587					$	(6,983)					$	24,462
Other non-operating income, net																																				2,248
Interest expense																																				7,761
Earnings from continuing operations before income taxes																																				$	18,949

Three Months Ended March 31, 2024						Vehicle Control						Temperature Control						Engineered Solutions						Nissens Automotive						Other						Total
Net sales						$	185,524					$	71,608					$	74,271					$	—					$	—					$	331,403
Cost of sales						126,625						51,919						63,337						—						—						241,881
Gross profit						58,899						19,689						10,934						—						—						89,522
Selling and marketing expenses						12,136						3,981						1,856						—						—						17,973
Distribution expenses						14,173						7,513						1,547						—						1,073						24,306
General and administration expenses						9,205						3,820						5,266						—						4,111						22,402
Supply chain financing expenses						7,744						2,286						—						—						—						10,030
Restructuring and integration expenses						101						58						33						—						—						192
Other expenses						—						—						—						—						—						—
Total operating expenses						43,359						17,658						8,702						—						5,184						74,903
Operating income (loss)						$	15,540					$	2,031					$	2,232					$	—					$	(5,184)					$	14,619
Other non-operating income, net																																				819
Interest expense																																				2,067
Earnings from continuing operations before income taxes																																				$	13,371

Schedule of Reconciliation of Segment Operating Income to Net Earnings

			Three Months Ended March 31,
			2025						2024
Depreciation and amortization
Vehicle Control			$	3,670					$	3,524
Temperature Control			778						898
Engineered Solutions			2,500						2,469
Nissens Automotive			2,987						—
Other			332						410
Total depreciation and amortization			$	10,267					$	7,301
Capital expenditures
Vehicle Control			$	5,379					$	5,385
Temperature Control			1,301						458
Engineered Solutions			1,656						2,300
Nissens Automotive			136						—
Other			660						1,943
Total capital expenditures			$	9,132					$	10,086

			March 31, 2025						December 31, 2024
Investment in unconsolidated affiliates
Vehicle Control			$	2,550					$	2,447
Temperature Control			21,340						20,396
Engineered Solutions			2,123						1,999
Nissens Automotive			—						—
Other			—						—
Total investment in unconsolidated affiliates			$	26,013					$	24,842
Total assets
Vehicle Control			$	685,575					$	659,607
Temperature Control			321,550						276,216
Engineered Solutions			309,517						285,866
Nissens Automotive			497,865						482,773
Other			111,584						109,664
Total assets			$	1,926,091					$	1,814,126

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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