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Details of Selected Balance Sheet Accounts (Tables) | 9 Months Ended
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Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Accounts Receivable, Net | Additional information regarding selected balance sheet accounts as of September 30, 2024 and December 31, 2023 is presented below (in thousands):
| September 30, 2024 |  | December 31, 2023
Accounts receivable, net: |  |  |
Trade | $ | 129,597 |  |  | $ | 128,405 |
Unbilled revenue | 20,018 |  |  | 27,756 |
Contract assets | 30,762 |  |  | 46,746 |
Other | 6,869 |  |  | 4,801 |
Total accounts receivable | 187,246 |  |  | 207,708 |
Allowance for doubtful accounts | (4,710) |  |  | (4,497) |
| $ | 182,536 |  |  | $ | 203,211 |
Allowance for doubtful accounts as a percentage of total accounts receivable | 3 | % |  | 2 | %
Schedule of Contract with Customer, Asset and Liability |
| September 30, 2024 |  | December 31, 2023
Deferred revenue (contract liabilities) | $ | 34,742 |  |  | $ | 36,757 |
Schedule of Activity in Allowance for Doubtful Accounts | The following provides a summary of activity in the allowance for doubtful accounts for the nine months ended September 30, 2024 and 2023 (in thousands):
| Nine Months Ended September 30,
| 2024 |  | 2023
Allowance for doubtful accounts – January 1 | $ | 4,497 |  |  | $ | 5,226 |
Provisions | 855 |  |  | 23 |
Write-offs | (726) |  |  | (208) |
Other | 84 |  |  | 18 |
Allowance for doubtful accounts – September 30 | $ | 4,710 |  |  | $ | 5,059 |
Schedule of Inventory, Net |
| September 30, 2024 |  | December 31, 2023
Inventories, net: |  |  |
Finished goods and purchased products | $ | 117,535 |  |  | $ | 103,599 |
Work in process | 32,018 |  |  | 30,546 |
Raw materials | 112,774 |  |  | 109,627 |
Total inventories | 262,327 |  |  | 243,772 |
Allowance for excess or obsolete inventory | (41,193) |  |  | (41,745) |
| $ | 221,134 |  |  | $ | 202,027 |
Schedule of Property, Plant and Equipment, Net |
|  |  | September 30, 2024 |  | December 31, 2023
Property, plant and equipment, net: |  |  |  |  |  |  |  |  |
Property, plant and equipment |  | $ | 734,468 |  |  | $ | 754,143 |
Accumulated depreciation |  | (467,080) |  |  | (473,754) |
|  |  |  |  |  |  | $ | 267,388 |  |  | $ | 280,389 |
Schedule of Finite-Lived Intangible Assets |
| September 30, 2024 |  | December 31, 2023
Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Other intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 123,050 |  |  | $ | 53,723 |  |  | $ | 69,327 |  |  | $ | 141,342 |  |  | $ | 56,499 |  |  | $ | 84,843 |
Patents/technology/know-how | 70,301 |  |  | 38,452 |  |  | 31,849 |  |  | 70,113 |  |  | 34,541 |  |  | 35,572 |
Tradenames and other | 47,750 |  |  | 19,060 |  |  | 28,690 |  |  | 52,505 |  |  | 19,910 |  |  | 32,595 |
| $ | 241,101 |  |  | $ | 111,235 |  |  | $ | 129,866 |  |  | $ | 263,960 |  |  | $ | 110,950 |  |  | $ | 153,010 |
Schedule of Other Noncurrent Assets |
| September 30, 2024 |  | December 31, 2023
Other noncurrent assets: |  |  |
Deferred compensation plan | $ | 18,632 |  |  | $ | 17,255 |
Deferred financing costs | 1,689 |  |  | 1,109 |
Deferred income taxes | 2,425 |  |  | 2,211 |
Other | 3,190 |  |  | 2,678 |
| $ | 25,936 |  |  | $ | 23,253 |
Schedule of Accrued Liabilities |
| September 30, 2024 |  | December 31, 2023
Accrued liabilities: |  |  |
Accrued compensation | $ | 18,995 |  |  | $ | 27,131 |
Accrued taxes, other than income taxes | 4,444 |  |  | 2,076 |
Insurance liabilities | 3,633 |  |  | 3,839 |
Accrued interest | 3,014 |  |  | 1,690 |
Accrued commissions | 3,466 |  |  | 3,060 |
Other | 6,426 |  |  | 6,431 |
| $ | 39,978 |  |  | $ | 44,227 |

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- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. + References No definition available. + Details
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