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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of Accounts Receivable and Concentration of Credit Risk The Company’s largest customers are PACCAR and Volvo, primarily related to the Electronics reportable segment and accounted for the following percentages of consolidated net sales:
202220212020
PACCAR15 %6 %4 %
Volvo11 %9 %8 %
Schedule of Inventory, Current Management uses its judgment to forecast sales or usage and to determine what constitutes a reasonable period. Inventory cost includes material, labor and overhead. Inventories consist of the following:
December 3120222021
Raw materials$121,983 $107,034 
Work-in-progress7,812 9,755 
Finished goods22,785 21,326 
Total inventories, net$152,580 $138,115 
Property, Plant and Equipment Property, plant and equipment are recorded at cost and consist of the following:
December 3120222021
Land and land improvements$3,030 $3,064 
Buildings and improvements29,703 28,842 
Machinery and equipment247,237 249,365 
Office furniture and fixtures9,100 8,701 
Tooling42,950 41,391 
Information technology32,584 30,454 
Vehicles783 741 
Leasehold improvements5,199 5,592 
Construction in progress20,676 12,584 
Total property, plant, and equipment391,262 380,734 
Less: accumulated depreciation(286,619)(272,833)
Property, plant and equipment, net$104,643 $107,901 
Schedule of Property, Plant and Equipment Estimated Useful Lives Depreciable lives within each property classification are as follows:
Buildings and improvements
10-40 years
Machinery and equipment
3-10 years
Office furniture and fixtures
3-10 years
Tooling
2-7 years
Information technology
3-7 years
Vehicles
3-7 years
Leasehold improvements
shorter of lease term or 3-10 years
Schedule of Goodwill Goodwill and changes in the carrying amount of goodwill for the Electronics segment for the years ended December 31, 2022 and 2021 were as follows:
20222021
Balance at January 1$36,387 $39,104 
Currency translation(2,162)(2,717)
Balance at December 31$34,225 $36,387 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Other intangible assets, net at December 31, 2022 and 2021 consisted of the following:
As of December 31, 2022Acquisition
cost		Accumulated
amortization		Net
Customer lists$44,394 $(23,355)$21,039 
Tradenames16,430 (7,761)8,669 
Technology and patents12,921 (10,100)2,821 
Capitalized software development15,591 (2,612)12,979 
Total$89,336 $(43,828)$45,508 
As of December 31, 2021Acquisition
cost		Accumulated
amortization		Net
Customer lists$45,000 $(20,240)$24,760 
Tradenames16,016 (6,655)9,361 
Technology and patents12,855 (8,922)3,933 
Capitalized software development12,433 (624)11,809 
Total$86,304 $(36,441)$49,863 
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consist of the following:
As of December 3120222021
Compensation related liabilities$19,015 $18,716 
Product warranty and recall obligations9,040 6,752 
Other (A)
37,985 44,671 
Total accrued expenses and other current liabilities$66,040 $70,139 
_____________________________
(A)“Other” is comprised of miscellaneous accruals, none of which individually contributed a significant portion of the total.
Schedule of Product Warranty and Recall Liability The following provides a reconciliation of changes in the product warranty and recall reserve:
Year ended December 31,20222021
Product warranty and recall at beginning of period$9,846 $12,691 
Accruals for warranties established during period9,917 7,037 
Aggregate changes in pre-existing liabilities due to claim developments1,502 201 
Settlements made during the period(7,351)(9,647)
Foreign currency translation(437)(436)
Product warranty and recall at end of period$13,477 $9,846 
Schedule of Weighted-Average Number of Shares Actual weighted-average Common Shares outstanding used in calculating basic and diluted net (loss) income per share were as follows:
Year ended December 31,202220212020
Basic weighted-average Common Shares outstanding27,258,45627,114,35927,024,571
Effect of dilutive shares—301,175—
Diluted weighted-average Common Shares outstanding27,258,45627,415,53427,024,571
Schedule of Changes in Accumulated Other Comprehensive Loss by Component Changes in accumulated other comprehensive loss for the years ended December 31, 2022 and 2021 were as follows:
Foreign
currency
translation		Unrealized
gain (loss)
on derivatives		Total
Balance at January 1, 2022$(97,203)$179 $(97,024)
Other comprehensive (loss) income before reclassifications(6,171)1,816 (4,355)
Amounts reclassified from accumulated other comprehensive loss— (1,763)(1,763)
Net other comprehensive (loss) income, net of tax(6,171)53 (6,118)
Balance at December 31, 2022$(103,374)$232 $(103,142)
Balance at January 1, 2021$(88,795)$(840)$(89,635)
Other comprehensive (loss) income before reclassifications(8,408)859 (7,549)
Amounts reclassified from accumulated other comprehensive loss— 160 160 
Net other comprehensive (loss) income, net of tax(8,408)1,019 (7,389)
Balance at December 31, 2021$(97,203)$179 $(97,024)