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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets We completed our annual impairment test of goodwill and indefinite-lived intangible assets as of December 31, 2025. As allowed under the guidance, we elected to perform quantitative impairment tests of goodwill related to our Nissens Automotive and Engineered Solutions operating segments and our Nissens tradename of December 31, 2025. We performed qualitative impairment assessments for goodwill related to all our other operating segments and other intangible assets and concluded that it was not more likely than not that the fair value of any of our reporting units was less than carrying value, therefore no quantitative impairment tests were required. Based on the results of the tests, there was no goodwill impairment as of December 31, 2025. While we concluded that we did not have a goodwill impairment charge as of December 31, 2025, and we do not believe that future impairments are probable, we will need to maintain the current ongoing performance levels at each of our reporting units in future periods to sustain their goodwill and indefinite-lived intangible assets carrying values. Goodwill Changes in the carrying values of goodwill by reporting unit during the years ended December 31, 2025 and 2024 are as follows (in thousands):
| Vehicle Control ⁽ᵃ⁾ |  | Temperature Control |  | Engineered Solutions |  | Nissens Automotive |  | Total
Goodwill as of December 31, 2023 | $ | 90,806 |  |  | $ | 12,730 |  |  | $ | 31,193 |  |  | $ | — |  |  | $ | 134,729 |
Acquisition of Nissens Automotive | — |  |  | — |  |  | — |  |  | 112,194 |  | 112,194 |
Foreign currency translation | (384) |  |  | (62) |  |  | (144) |  |  | (4,915) |  |  | (5,505) |
Goodwill as of December 31, 2024 | 90,422 |  |  | 12,668 |  |  | 31,049 |  |  | 107,279 |  |  | 241,418 |
Foreign currency translation | 630 |  |  | 109 |  |  | 234 |  |  | 13,768 |  |  | 14,741 |
Goodwill as of December 31, 2025 | $ | 91,052 |  |  | $ | 12,777 |  |  | $ | 31,283 |  |  | $ | 121,047 |  |  | $ | 256,159 |
(a) Goodwill balance is net of accumulated impairment losses of $38.5 million for December 31, 2025, 2024 and 2023. Acquired Intangible Assets Acquired identifiable intangible assets consist of (in thousands):
| December 31,
| 2025 |  | 2024
| Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Customer relationships | $ | 323,312 |  |  | $ | (111,256) |  |  | $ | 212,056 |  |  | $ | 303,547 |  |  | $ | (93,117) |  |  | $ | 210,430 |
Trademarks and trade names⁽ᵃ⁾ | 91,666 |  |  | (5,284) |  |  | 86,382 |  |  | 82,220 |  |  | (4,995) |  |  | 77,225 |
Patents and developed technology | 14,123 |  |  | (4,816) |  |  | 9,307 |  |  | 14,123 |  |  | (3,924) |  |  | 10,199 |
Other | 4,280 |  |  | (4,280) |  |  | — |  |  | 4,268 |  |  | (4,268) |  |  | — |
Total | $ | 433,381 |  |  | $ | (125,636) |  |  | $ | 307,745 |  |  | $ | 404,158 |  |  | $ | (106,304) |  |  | $ | 297,854 |
(a) Trademarks and trade names include $84.2 million of indefinite lived intangible assets which are not amortized. Total amortization expense for acquired intangible assets was $18.4 million, $10.0 million and $8.5 million for the years ended December 31, 2025, 2024 and 2023, respectively. Based on the current estimated useful lives assigned to our intangible assets, amortization expense is estimated to be $18.8 million in 2026, $18.8 million in 2027, $18.8 million in 2028, $17.5 million in 2029 and $149.7 million million in the aggregate for the years 2030 through 2041. For information related to identified intangible assets acquired in the Nissens acquisition, see Note 2, “Business Acquisitions and Investments,” of the notes to our consolidated financial statements. Other Intangible Assets Other intangible assets include computer software of $23.2 million and $21.4 million, at December 31, 2025 and 2024, respectively, less accumulated amortization of $19.8 million and $18.3 million as of December 31, 2025 and 2024, respectively. Computer software is amortized over its estimated useful life of 3 to 10 years. Amortization expense for computer software was $1.2 million, $0.8 million and $0.8 million for the years ended December 31, 2025, 2024 and 2023, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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