Divestiture - Schedule of Amounts Related to the Transaction (Details) - USD ($) |
6 Months Ended | |||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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Divestiture [Line Items] | ||||
Goodwill | $ 288,043,000 | $ 269,747,000 | $ 211,326,000 | |
Intangible assets - finite life, net | (106,871,000) | $ (46,086,000) | $ (74,050,000) | $ (50,461,000) |
Goodwill, Written off Related to Sale of Business Unit | 26,838,000 | |||
Gain on sale of Global Pump Solutions business | 64,502,000 | $ 0 | ||
Global Pump Solutions [Member] | ||||
Divestiture [Line Items] | ||||
Proceeds from sale of Global Pump Solutions business | 108,610,000 | |||
Accounts receivable, net | (4,230,000) | |||
Inventories | (9,268,000) | |||
Property and equipment | (5,247,000) | |||
Goodwill | (26,838,000) | |||
Intangible assets - finite life, net | (4,029,000) | |||
Other Assets | (120,000) | |||
Pension plan assets | (425,000) | |||
Accounts Payable | 1,024,000 | |||
Less: Transaction costs | (616,000) | |||
Accrued expenses | 1,731,000 | |||
Other liabilities assumed | (3,910,000) | |||
Gain on sale of Global Pump Solutions business | $ 64,502,000 |
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- Definition Divestiture [Line Items] No definition available.
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- Definition Gain on sale of Global Pump Solutions business No definition available.
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- Definition Pension plan assets. No definition available.
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- Definition Proceeds from sale of Global Pump Solutions business No definition available.
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- Definition 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of direct costs of the business combination including legal, accounting, and other costs incurred to consummate the business acquisition. No definition available.
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- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of divestiture of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Inventories not expected to be converted to cash, sold or exchanged within the normal operating cycle. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of assets classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of liabilities classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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