v3.25.2
ACQUISITIONS AND DIVESTITURES (Tables)
 6 Months Ended
Jun. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Assets Acquired and Liabilities Assumed
The following table summarizes the fair values of the assets acquired and liabilities assumed at the acquisition date:
Dollars in thousandsEstimated Fair ValueEstimated Useful Life
Current assets:
Cash$— 
Trade accounts receivable, net of allowances of $3,885
23,716 
Inventories, net20,294 
Prepaid expenses273 
Other current assets476 
Total current assets$44,759 
Property, plant and equipment, net7,716 
Right of use asset - operating leases989 
Intangible assets, net
Completed technology202,000 12 years
Trademarks/brand names3,000 5 years
All other17,000 4 years
Goodwill62,482 
Deferred tax assets6,895 
Total assets acquired$344,841 
Current liabilities:
Accounts payable, trade3,989 
Contract liabilities3,984 
Accrued compensation1,037 
Accrued expenses and other current liabilities2,278 
Current portion of lease liability - operating leases365 
Total current liabilities$11,653 
Lease liability - operating leases624 
Deferred tax liabilities54,753 
Total liabilities assumed67,030 
Net assets acquired$277,811