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Industry Segments (Tables) | 9 Months Ended
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Sep. 30, 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 September 30, 2025 |  | Vehicle Control |  | Temperature Control |  | Nissens Automotive |  | Engineered Solutions |  | Other |  | Total
Net sales |  | $ | 197,682 |  |  | $ | 144,657 |  |  | $ | 84,537 |  |  | $ | 72,198 |  |  | $ | (238) |  |  | $ | 498,836 |
Cost of sales |  | 135,516 |  |  | 92,711 |  |  | 49,710 |  |  | 59,343 |  |  | (238) |  |  | 337,042 |
Gross profit |  | 62,166 |  |  | 51,946 |  |  | 34,827 |  |  | 12,855 |  |  | — |  |  | 161,794 |
Selling and marketing expenses |  | 11,340 |  |  | 3,616 |  |  | 5,038 |  |  | 2,165 |  |  | — |  |  | 22,159 |
Distribution expenses |  | 17,525 |  |  | 9,958 |  |  | 9,234 |  |  | 1,295 |  |  | 524 |  |  | 38,536 |
General and administration expenses |  | 9,788 |  |  | 4,785 |  |  | 9,245 |  |  | 5,294 |  |  | 8,320 |  |  | 37,432 |
Supply chain financing expenses |  | 7,643 |  |  | 6,852 |  |  | 455 |  |  | — |  |  | — |  |  | 14,950 |
Restructuring expenses |  | 735 |  |  | 1 |  |  | — |  |  | 46 |  |  | — |  |  | 782 |
Other expenses |  | — |  |  | — |  |  | 44 |  |  | — |  |  | 255 |  |  | 299 |
Total operating expenses |  | 47,031 |  |  | 25,212 |  |  | 24,016 |  |  | 8,800 |  |  | 9,099 |  |  | 114,158 |
Operating income (loss) |  | $ | 15,135 |  |  | $ | 26,734 |  |  | $ | 10,811 |  |  | $ | 4,055 |  |  | $ | (9,099) |  |  | 47,636 |
Other non-operating income, net |  |  |  |  |  |  |  |  |  |  |  | 1,734 |
Interest expense |  |  |  |  |  |  |  |  |  |  |  | 7,394 |
Earnings from continuing operations before income taxes |  |  |  |  |  |  | $ | 41,976 |
Three Months Ended September 30, 2024 |  | Vehicle Control |  | Temperature Control |  | Nissens Automotive |  | Engineered Solutions |  | Other |  | Total
Net sales |  | $ | 200,877 |  |  | $ | 125,985 |  |  | $ | — |  |  | $ | 72,403 |  |  | $ | — |  |  | $ | 399,265 |
Cost of sales |  | 135,225 |  |  | 83,662 |  |  | — |  |  | 59,012 |  |  | — |  |  | 277,899 |
Gross profit |  | 65,652 |  |  | 42,323 |  |  | — |  |  | 13,391 |  |  | — |  |  | 121,366 |
Selling and marketing expenses |  | 11,150 |  |  | 4,031 |  |  | — |  |  | 1,976 |  |  | — |  |  | 17,157 |
Distribution expenses |  | 14,680 |  |  | 10,454 |  |  | — |  |  | 1,362 |  |  | 1,131 |  |  | 27,627 |
General and administration expenses |  | 9,064 |  |  | 4,606 |  |  | — |  |  | 4,787 |  |  | 4,060 |  |  | 22,517 |
Supply chain financing expenses |  | 8,127 |  |  | 6,784 |  |  | — |  |  | — |  |  | — |  |  | 14,911 |
Restructuring expenses |  | 1,602 |  |  | 374 |  |  | — |  |  | 256 |  |  | 791 |  |  | 3,023 |
Other expenses (income) |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,008) |  |  | (1,008) |
Total operating expenses |  | 44,623 |  |  | 26,249 |  |  | — |  |  | 8,381 |  |  | 4,974 |  |  | 84,227 |
Operating income (loss) |  | $ | 21,029 |  |  | $ | 16,074 |  |  | $ | — |  |  | $ | 5,010 |  |  | $ | (4,974) |  |  | 37,139 |
Other non-operating income, net |  |  |  |  |  |  |  |  |  |  |  | 2,129 |
Interest expense |  |  |  |  |  |  |  |  |  |  |  | 3,145 |
Earnings from continuing operations before income taxes |  |  |  |  |  |  | $ | 36,123 |
Nine Months Ended September 30, 2025 |  | Vehicle Control |  | Temperature Control |  | Nissens Automotive |  | Engineered Solutions |  | Other |  | Total
Net sales |  | $ | 591,723 |  |  | $ | 364,905 |  |  | $ | 241,256 |  |  | $ | 208,422 |  |  | $ | (238) |  |  | $ | 1,406,068 |
Cost of sales |  | 406,748 |  |  | 242,998 |  |  | 147,986 |  |  | 171,169 |  |  | (238) |  |  | 968,663 |
Gross profit |  | 184,975 |  |  | 121,907 |  |  | 93,270 |  |  | 37,253 |  |  | — |  |  | 437,405 |
Selling and marketing expenses |  | 33,615 |  |  | 11,279 |  |  | 14,157 |  |  | 6,361 |  |  | — |  |  | 65,412 |
Distribution expenses |  | 48,970 |  |  | 27,568 |  |  | 27,000 |  |  | 4,081 |  |  | 1,593 |  |  | 109,212 |
General and administration expenses |  | 29,911 |  |  | 13,870 |  |  | 26,559 |  |  | 15,521 |  |  | 21,246 |  |  | 107,107 |
Supply chain financing expenses |  | 21,282 |  |  | 14,830 |  |  | 455 |  |  | — |  |  | — |  |  | 36,567 |
Restructuring expenses |  | 1,740 |  |  | 190 |  |  | — |  |  | 105 |  |  | 2 |  |  | 2,037 |
Other expenses |  | — |  |  | — |  |  | 1,667 |  |  | — |  |  | 469 |  |  | 2,136 |
Total operating expenses |  | 135,518 |  |  | 67,737 |  |  | 69,838 |  |  | 26,068 |  |  | 23,310 |  |  | 322,471 |
Operating income (loss) |  | $ | 49,457 |  |  | $ | 54,170 |  |  | $ | 23,432 |  |  | $ | 11,185 |  |  | $ | (23,310) |  |  | 114,934 |
Other non-operating income, net |  |  |  |  |  |  |  |  |  |  |  | 5,857 |
Interest expense |  |  |  |  |  |  |  |  |  |  |  | 23,450 |
Earnings from continuing operations before income taxes |  |  |  |  |  |  | $ | 97,341 |
Nine Months Ended September 30, 2024 |  | Vehicle Control |  | Temperature Control |  | Nissens Automotive |  | Engineered Solutions |  | Other |  | Total
Net sales |  | $ | 575,142 |  |  | $ | 322,074 |  |  | $ | — |  |  | $ | 223,281 |  |  | $ | — |  |  | $ | 1,120,497 |
Cost of sales |  | 390,622 |  |  | 223,453 |  |  | — |  |  | 184,087 |  |  | — |  |  | 798,162 |
Gross profit |  | 184,520 |  |  | 98,621 |  |  | — |  |  | 39,194 |  |  | — |  |  | 322,335 |
Selling and marketing expenses |  | 34,274 |  |  | 11,838 |  |  | — |  |  | 5,989 |  |  | — |  |  | 52,101 |
Distribution expenses |  | 43,710 |  |  | 27,810 |  |  | — |  |  | 4,060 |  |  | 3,464 |  |  | 79,044 |
General and administration expenses |  | 27,921 |  |  | 12,864 |  |  | — |  |  | 15,437 |  |  | 12,700 |  |  | 68,922 |
Supply chain financing expenses |  | 24,219 |  |  | 14,128 |  |  | — |  |  | — |  |  | — |  |  | 38,347 |
Restructuring expenses |  | 2,711 |  |  | 679 |  |  | — |  |  | 654 |  |  | 1,730 |  |  | 5,774 |
Other expenses |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,403 |  |  | 1,403 |
Total operating expenses |  | 132,835 |  |  | 67,319 |  |  | — |  |  | 26,140 |  |  | 19,297 |  |  | 245,591 |
Operating income (loss) |  | $ | 51,685 |  |  | $ | 31,302 |  |  | $ | — |  |  | $ | 13,054 |  |  | $ | (19,297) |  |  | 76,744 |
Other non-operating income, net |  |  |  |  |  |  |  |  |  |  |  | 5,147 |
Interest expense |  |  |  |  |  |  |  |  |  |  |  | 7,964 |
Earnings from continuing operations before income taxes |  |  |  |  |  |  | $ | 73,927 |
Schedule of Reconciliation of Segment Operating Income to Net Earnings |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Depreciation and amortization |  |  |  |  |  |  |
Vehicle Control | $ | 4,173 |  |  | $ | 3,850 |  |  | $ | 11,913 |  |  | $ | 10,981 |
Temperature Control | 785 |  |  | 802 |  |  | 2,347 |  |  | 2,480 |
Nissens Automotive | 3,333 |  |  | — |  |  | 9,645 |  |  | — |
Engineered Solutions | 2,574 |  |  | 2,308 |  |  | 7,501 |  |  | 7,240 |
Other | 336 |  |  | 429 |  |  | 987 |  |  | 1,307 |
Total depreciation and amortization | $ | 11,201 |  |  | $ | 7,389 |  |  | $ | 32,393 |  |  | $ | 22,008 |
Capital expenditures |  |  |  |  |  |  |
Vehicle Control | $ | 5,895 |  |  | $ | 8,023 |  |  | $ | 17,397 |  |  | $ | 23,627 |
Temperature Control | 827 |  |  | 520 |  |  | 3,098 |  |  | 1,294 |
Nissens Automotive | 52 |  |  | — |  |  | 737 |  |  | — |
Engineered Solutions | 3,028 |  |  | 2,596 |  |  | 6,828 |  |  | 7,528 |
Other | 237 |  |  | 56 |  |  | 1,274 |  |  | 1,687 |
Total capital expenditures | $ | 10,039 |  |  | $ | 11,195 |  |  | $ | 29,334 |  |  | $ | 34,136 |
| September 30, 2025 |  | December 31, 2024
Investment in unconsolidated affiliates |  |  |
Vehicle Control | $ | 2,863 |  |  | $ | 2,447 |
Temperature Control | 19,853 |  |  | 20,396 |
Nissens Automotive | — |  |  | — |
Engineered Solutions | 2,729 |  |  | 1,999 |
Other | — |  |  | — |
Total investment in unconsolidated affiliates | $ | 25,445 |  |  | $ | 24,842 |
Total assets |  |  |
Vehicle Control | $ | 709,451 |  |  | $ | 659,607 |
Temperature Control | 320,610 |  |  | 276,216 |
Nissens Automotive | 566,507 |  |  | 482,773 |
Engineered Solutions | 314,282 |  |  | 285,866 |
Other | 116,689 |  |  | 109,664 |
Total assets | $ | 2,027,539 |  |  | $ | 1,814,126 |

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- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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