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Supplemental Data
 12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental Data Supplemental Data
Supplemental Balance Sheet Data (in thousands):
Summary of accrued expensesDecember 31,
20242023
Accrued payroll and fringe benefits$38,536 $41,182 
Accrued taxes11,467 13,329 
Income taxes payable7,440 3,878 
Accrued interest21,977 19,447 
Accrued rebates and discounts12,298 9,868 
Warranty payable1,121 1,258 
Accrued inventory74,323 33,478 
Deferred revenue8,284 7,350 
Other accrued expenses22,383 21,653 
Total$197,829 $151,443 
Warranty liabilityYear ended December 31,
20242023
Beginning balance$1,258 $1,346 
Accrual2,332 3,387 
Warranty payments(2,469)(3,475)
Ending balance$1,121 $1,258 
Supplemental Statement of Operations Data (in thousands):
Other income (expense), netYear ended December 31,
202420232022
Foreign currency gain (loss)$781 $(819)$(1,163)
Loss on sale of capital assets(885)(890)(2,576)
Sublease income476 1,434 1,330 
Loss on equity method investment(1,709)— — 
Other income (expense)(2,565)2,054 94 
$(3,902)$1,779 $(2,315)
Supplemental Cash Flow Statement Data (in thousands):
Year ended December 31,
202420232022
Interest paid$105,734 $108,418 $75,755 
Taxes paid$61,889 $79,142 $24,607 
Investments
Arnold Joint Venture
Arnold is a 50% partner in a China rare earth mine-to-magnet joint venture. Arnold accounts for its activity in the joint venture utilizing the equity method of accounting. Gains and losses from the joint venture were not material for the years ended December 31, 2024, 2023 and 2022.
Altor Solutions
In September 2020, Altor invested $3.6 million in Rational Packaging, LLC, a designer and manufacturer of recyclable, paperboard-based structural packaging components. The investment was accounted for as an equity method investment. In 2024, Altor acquired the remaining equity interests in Rational Packaging, LLC and began accounting for Rational Packaging as a consolidated entity. Gains and losses from the investment were not material for the years ended December 31, 2024, 2023 and 2022.