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Acquisitions (Tables) - Signature Systems [Member] | 6 Months Ended
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Jun. 30, 2025
Summary of Final Allocation of Consideration For the Signature Acquisition |
| Initial Allocation of Consideration |  | Measurement Period Adjustments(1) |  | Final Allocation |
Assets acquired: |  |  |  |  |  |
Accounts receivable | $ | 18,902 |  | $ | (48 | ) | $ | 18,854 |
Inventories |  | 17,612 |  |  | (239 | ) |  | 17,373 |
Prepaid expenses |  | 719 |  |  | (25 | ) |  | 694 |
Other assets - long-term |  | 4,761 |  |  | 437 |  |  | 5,198 |
Property, plant and equipment |  | 28,281 |  |  | (18 | ) |  | 28,263 |
Right of use asset - operating leases |  | 3,946 |  |  | — |  |  | 3,946 |
Intangible assets |  | 127,000 |  |  | 9,700 |  |  | 136,700 |
Goodwill |  | 215,105 |  |  | (32,007 | ) |  | 183,098 |
Assets acquired | $ | 416,326 |  | $ | (22,200 | ) | $ | 394,126 |
Liabilities assumed: |  |  |  |  |  |
Accounts payable | $ | 4,542 |  | $ | 362 |  | $ | 4,904 |
Accrued expenses |  | 5,646 |  |  | 266 |  |  | 5,912 |
Operating lease liability - short-term |  | 525 |  |  | — |  |  | 525 |
Operating lease liability - long-term |  | 2,400 |  |  | — |  |  | 2,400 |
Deferred income taxes |  | 55,054 |  |  | (22,981 | ) |  | 32,073 |
Total liabilities assumed |  | 68,167 |  |  | (22,353 | ) |  | 45,814 |
Net acquisition cost | $ | 348,159 |  | $ | 153 |  | $ | 348,312 |
(1) The Company's preliminary purchase price allocation changed due to additional information and further analysis.
Summary of Intangible Assets | Intangible assets consist of Signature’s technology, customer relationships and the Signature Systems indefinite-lived trade name, and are summarized in the table below:
|  | Fair Value |  |  | Weighted Average Estimated Useful Life
Customer relationships |  | $ | 83,800 |  |  | 10.0 years
Technology |  |  | 31,300 |  |  | 12.0 years
Total amortizable intangible assets |  | $ | 115,100 |  |  |
Intangible assets not subject to amortization: |  |  |  |  |
Trademarks and trade names |  | $ | 21,600 |  |  | Indefinite
Summary of Pro Forma Results of Operations | The following pro forma results include adjustments to reflect acquisition related costs, additional interest expense, amortization of intangibles associated with the acquisition, amortization of acquisition-related inventory step-up costs and the effects of adjustments made to the carrying value of certain assets.
|  | For the Quarter Ended March 31, |
|  | 2024 |
Net sales |  | $ | 221,821 |
Net income |  |  | 8,345 |

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- Definition Tabular disclosure of the nature and amount of any material, nonrecurring adjustments directly attributable to the business combination(s) included in the reported pro forma revenue and earnings (supplemental pro forma information). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(4) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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