XML 44 R33.htm IDEA: XBRL DOCUMENT
v3.22.1

Goodwill and Intangible Assets (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table summarizes the activity in goodwill:
| Three Months Ended March 31, 2022
| Healthcare |  | Industrial |  | Consolidated
(in thousands) | Gross Goodwill |  | Impairments |  | Net Goodwill |  | Gross Goodwill |  | Impairments |  | Net Goodwill |  | Gross Goodwill |  | Impairments |  | Net Goodwill
Balance at beginning of year | $ | 121,970 |  |  | $ | (32,055) |  |  | $ | 89,915 |  |  | $ | 298,002 |  |  | $ | (42,329) |  |  | $ | 255,673 |  |  | $ | 419,972 |  |  | $ | (74,384) |  |  | $ | 345,588 |
Acquisitions (a) | (961) |  |  | — |  |  | (961) |  |  | (1,966) |  |  | — |  |  | (1,966) |  |  | (2,927) |  |  | — |  |  | (2,927) |
Foreign currency translation adjustments | (847) |  |  | — |  |  | (847) |  |  | (1,119) |  |  | — |  |  | (1,119) |  |  | (1,966) |  |  | — |  |  | (1,966) |
Total goodwill | $ | 120,162 |  |  | $ | (32,055) |  |  | $ | 88,107 |  |  | $ | 294,917 |  |  | $ | (42,329) |  |  | $ | 252,588 |  |  | $ | 415,079 |  |  | $ | (74,384) |  |  | $ | 340,695 |
a.The Acquisition amounts in Gross Goodwill for both the Healthcare and Industrial segments relate to purchase price adjustments for Volumetric and Oqton, respectively, which were acquired in 2021.
| December 31, 2021
| Healthcare |  | Industrial |  | Consolidated
(in thousands) | Gross Goodwill |  | Impairments |  | Net Goodwill |  | Gross Goodwill |  | Impairments |  | Net Goodwill |  | Gross Goodwill |  | Impairments |  | Net Goodwill
Balance at beginning of year | $ | 101,767 |  |  | $ | (32,055) |  |  | $ | 69,712 |  |  | $ | 134,382 |  |  | $ | (42,329) |  |  | $ | 92,053 |  |  | $ | 236,149 |  |  | $ | (74,384) |  |  | $ | 161,765 |
Acquisitions | 39,182 |  |  | — |  |  | 39,182 |  |  | 170,033 |  |  | — |  |  | 170,033 |  |  | 209,215 |  |  | — |  |  | 209,215 |
Dispositions | (15,598) |  |  | — |  |  | (15,598) |  |  | (3,873) |  |  | — |  |  | (3,873) |  |  | (19,471) |  |  | — |  |  | (19,471) |
Adjustments | (900) |  |  | — |  |  | (900) |  |  | 900 |  |  | — |  |  | 900 |  |  | — |  |  | — |  |  | — |
Foreign currency translation adjustments | (2,481) |  |  | — |  |  | (2,481) |  |  | (3,440) |  |  | — |  |  | (3,440) |  |  | (5,921) |  |  | — |  |  | (5,921) |
Total goodwill | $ | 121,970 |  |  | $ | (32,055) |  |  | $ | 89,915 |  |  | $ | 298,002 |  |  | $ | (42,329) |  |  | $ | 255,673 |  |  | $ | 419,972 |  |  | $ | (74,384) |  |  | $ | 345,588 |
Schedule of Finite-Lived Intangible Assets | Intangible assets, net, other than goodwill, at March 31, 2022 and December 31, 2021 are summarized as follows:
| March 31, 2022 |  | December 31, 2021 |  |
(in thousands) | Gross (a) |  | Accumulated Amortization |  | Net |  | Gross (a) |  | Accumulated Amortization |  | Net |  | Weighted Average Useful Life Remaining (in years)
Intangible assets with finite lives: |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 52,304 |  |  | $ | (46,076) |  |  | $ | 6,228 |  |  | $ | 53,062 |  |  | $ | (45,613) |  |  | $ | 7,449 |  |  | 2.8
Acquired technology | 19,891 |  |  | (5,793) |  |  | 14,098 |  |  | 17,518 |  |  | (5,430) |  |  | 12,088 |  |  | 5.2
Trade names | 20,947 |  |  | (10,854) |  |  | 10,093 |  |  | 20,448 |  |  | (10,438) |  |  | 10,010 |  |  | 18.9
Patent costs | 21,146 |  |  | (11,740) |  |  | 9,406 |  |  | 21,852 |  |  | (11,812) |  |  | 10,040 |  |  | 10.5
Trade secrets | 19,837 |  |  | (19,130) |  |  | 707 |  |  | 19,924 |  |  | (18,971) |  |  | 953 |  |  | 1.1
Acquired patents | 16,240 |  |  | (15,958) |  |  | 282 |  |  | 16,257 |  |  | (15,945) |  |  | 312 |  |  | 6.1
Other | 13,457 |  |  | (8,066) |  |  | 5,391 |  |  | 12,982 |  |  | (7,999) |  |  | 4,983 |  |  | 9.4
Total intangible assets | $ | 163,822 |  |  | $ | (117,617) |  |  | $ | 46,205 |  |  | $ | 162,043 |  |  | $ | (116,208) |  |  | $ | 45,835 |  |  | 8.5
a.Change in gross carrying amounts consists of adjustments to the Oqton and Volumetric purchase price allocation as well as foreign currency translation.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration