XML 32 R15.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Intangible Assets, Net | 12 Months Ended
--- | ---
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets, Net | Intangible Assets The following table shows changes in the carrying amount of intangible assets, net, by reportable segment.
| Mobile Solutions |  | Power Solutions |  | Total
Balance as of December 31, 2021 | $ | 25,709 |  |  | $ | 63,009 |  |  | $ | 88,718 |
Amortization | (3,353) |  |  | (12,474) |  |  | (15,827) |
Balance as of December 31, 2022 | 22,356 |  |  | 50,535 |  |  | 72,891 |
Amortization | (3,353) |  |  | (10,814) |  |  | (14,167) |
Balance as of December 31, 2023 | $ | 19,003 |  |  | $ | 39,721 |  |  | $ | 58,724 |
The following table shows the cost and accumulated amortization of our intangible assets as of December 31, 2023 and 2022.
|  |  | December 31, 2023 |  | December 31, 2022
|  |  | Gross Carrying Value as of Acquisition Date |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value as of Acquisition Date |  | Accumulated Amortization |  | Net Carrying Value
Customer relationships |  |  | $ | 171,846 |  |  | $ | (114,671) |  |  | $ | 57,175 |  |  | $ | 173,746 |  |  | $ | (103,021) |  |  | $ | 70,725 |
Trademark and trade name |  |  | 7,527 |  |  | (5,978) |  |  | 1,549 |  |  | 7,527 |  |  | (5,361) |  |  | 2,166 |
Total identified intangible assets |  |  | $ | 179,373 |  |  | $ | (120,649) |  |  | $ | 58,724 |  |  | $ | 181,273 |  |  | $ | (108,382) |  |  | $ | 72,891 |
Intangible assets that are fully amortized are removed and no longer represented in the gross carrying value or accumulated amortization. The following table shows estimated future amortization expense for each of the next five years.
Year Ending December 31, |
2024 | $ | 13,824 |
2025 | 13,824 |
2026 | 13,824 |
2027 | 11,663 |
2028 | 3,353 |
Intangible assets are reviewed for impairment when changes in circumstances indicate the carrying value of those assets may not be recoverable. There were no impairment charges for the years ended December 31, 2023, 2022 and 2021.

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 The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration