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Goodwill and Intangibles
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
Changes in the carrying amount of goodwill by reporting unit for the six months ended June 30, 2025 were as follows:
Sealing SystemsFluid Handling SystemsIndustrial Specialty GroupTotal
Balance as of December 31, 2024$47,404 $80,303 $12,736 $140,443 
Foreign exchange translation286 — — 286 
Balance as of June 30, 2025$47,690 $80,303 $12,736 $140,729 
Goodwill is tested for impairment by reporting unit annually, or more frequently if events or circumstances indicate that an impairment may exist. There were no indicators of potential impairment during the six months ended June 30, 2025.
Intangible Assets
Definite-lived intangible assets and accumulated amortization balances as of June 30, 2025 and December 31, 2024 were as follows:
Gross Carrying AmountAccumulated
Amortization
Net Carrying Amount
Customer relationships$152,397 $(140,030)$12,367 
Other39,088 (19,672)19,416 
Balance as of June 30, 2025$191,485 $(159,702)$31,783 
Customer relationships$152,054 $(137,654)$14,400 
Other37,737 (18,332)19,405 
Balance as of December 31, 2024$189,791 $(155,986)$33,805