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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill recorded within the Offshore/Manufactured Products segment for the years ended December 31, 2023 and 2022 were as follows (in thousands):
Balance as of December 31, 2021(1)
$76,412 
Goodwill acquired4,146 
Foreign currency translation(1,276)
Balance as of December 31, 2022(1)
79,282 
Foreign currency translation585 
Balance as of December 31, 2023(1)
$79,867 
____________________
(1)Net of accumulated impairment losses of $86.5 million.
Schedule of Finite-Lived Intangible Assets
The following table presents the gross carrying amount and the related accumulated amortization for major intangible asset classes as of December 31, 2023 and 2022 (in thousands):
20232022
Gross
Carrying
Amount
Accumulated
Amortization
Net Carrying AmountGross
Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Other intangible assets:
Customer relationships$141,342 $56,499 $84,843 $141,179 $47,629 $93,550 
Patents/Technology/Know-how70,113 34,541 35,572 69,830 29,214 40,616 
Tradenames and other52,505 19,910 32,595 52,488 16,856 35,632 
$263,960 $110,950 $153,010 $263,497 $93,699 $169,798