XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.22.2

Goodwill and Intangible Assets (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table summarizes the activity in goodwill:
| Six Months Ended June 30, 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 | 25,065 |  |  | — |  |  | 25,065 |  |  | 22,357 |  |  | — |  |  | 22,357 |  |  | 47,422 |  |  | — |  |  | 47,422 |
Foreign currency translation adjustments | (4,531) |  |  | — |  |  | (4,531) |  |  | (5,981) |  |  | — |  |  | (5,981) |  |  | (10,512) |  |  | — |  |  | (10,512) |
Total goodwill | $ | 142,504 |  |  | $ | (32,055) |  |  | $ | 110,449 |  |  | $ | 314,378 |  |  | $ | (42,329) |  |  | $ | 272,049 |  |  | $ | 456,882 |  |  | $ | (74,384) |  |  | $ | 382,498 |
| 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 June 30, 2022 and December 31, 2021 are summarized as follows:
| June 30, 2022 |  | December 31, 2021 |  |
(in thousands) | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net |  | Weighted Average Useful Life Remaining (in years)
Intangible assets with finite lives: |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 49,886 |  |  | $ | (45,145) |  |  | $ | 4,741 |  |  | $ | 53,062 |  |  | $ | (45,613) |  |  | $ | 7,449 |  |  | 2.3
Acquired technology | 36,290 |  |  | (6,301) |  |  | 29,989 |  |  | 17,518 |  |  | (5,430) |  |  | 12,088 |  |  | 6.5
Trade names | 31,227 |  |  | (11,020) |  |  | 20,207 |  |  | 20,448 |  |  | (10,438) |  |  | 10,010 |  |  | 11.1
Patent costs | 20,836 |  |  | (11,600) |  |  | 9,236 |  |  | 21,852 |  |  | (11,812) |  |  | 10,040 |  |  | 11.0
Trade secrets | 19,585 |  |  | (19,130) |  |  | 455 |  |  | 19,924 |  |  | (18,971) |  |  | 953 |  |  | 0.6
Acquired patents | 16,202 |  |  | (15,945) |  |  | 257 |  |  | 16,257 |  |  | (15,945) |  |  | 312 |  |  | 6.4
Other | 13,031 |  |  | (7,911) |  |  | 5,120 |  |  | 12,982 |  |  | (7,999) |  |  | 4,983 |  |  | 3.9
Total intangible assets | $ | 187,057 |  |  | $ | (117,052) |  |  | $ | 70,005 |  |  | $ | 162,043 |  |  | $ | (116,208) |  |  | $ | 45,835 |  |  | 7.6

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 https://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 https://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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=121556970&loc=SL108378252-109267 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 55 -Paragraph 24 -URI https://asc.fasb.org/extlink&oid=122137925&loc=d3e14258-109268 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration