v3.26.1
Acquisitions, Goodwill And Other Intangible Assets
3 Months Ended
Mar. 31, 2026
Acquisitions, Goodwill And Other Intangible Assets [Abstract]  
Acquisitions, Goodwill And Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill

Changes in the carrying amount of goodwill by reportable segment were as follows:
(In thousands)OEM SegmentAftermarket SegmentTotal
Net balance – December 31, 2025$447,971 $174,212 $622,183 
Foreign currency translation(2,310)(325)(2,635)
Net balance – March 31, 2026
$445,661 $173,887 $619,548 
Goodwill represents the excess of the total consideration given in an acquisition of a business over the fair value of the net tangible and identifiable intangible assets acquired. Goodwill is not amortized, but instead is tested at the reporting unit level for impairment annually in November, or more frequently if certain circumstances indicate a possible impairment may exist.
Other Intangible Assets

Other intangible assets consisted of the following at March 31, 2026:
(In thousands)Gross
Cost
Accumulated
Amortization
Net
Balance
Estimated Useful
Life in Years
Customer relationships$540,604 $265,458 $275,146 6to20
Patents85,597 53,175 32,422 3to20
Trade names (finite life)108,920 37,810 71,110 3to20
Trade names (indefinite life)7,432 — 7,432 Indefinite
Non-compete agreements3,683 3,536 147 3to6
Other458 229 229 2to12
Other intangible assets$746,694 $360,208 $386,486    
Other intangible assets consisted of the following at December 31, 2025:
(In thousands)Gross
Cost
Accumulated
Amortization
Net
Balance
Estimated Useful
Life in Years
Customer relationships$553,520 $267,043 $286,477 6to20
Patents95,119 60,163 34,956 3to20
Trade names (finite life)109,327 36,040 73,287 3to20
Trade names (indefinite life)7,432 — 7,432 Indefinite
Non-compete agreements4,183 4,005 178 3to6
Other458 220 238 2to12
Other intangible assets$770,039 $367,471 $402,568    
Acquisitions, Goodwill And Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill

Changes in the carrying amount of goodwill by reportable segment were as follows:
(In thousands)OEM SegmentAftermarket SegmentTotal
Net balance – December 31, 2025$447,971 $174,212 $622,183 
Foreign currency translation(2,310)(325)(2,635)
Net balance – March 31, 2026
$445,661 $173,887 $619,548 
Goodwill represents the excess of the total consideration given in an acquisition of a business over the fair value of the net tangible and identifiable intangible assets acquired. Goodwill is not amortized, but instead is tested at the reporting unit level for impairment annually in November, or more frequently if certain circumstances indicate a possible impairment may exist.
Other Intangible Assets

Other intangible assets consisted of the following at March 31, 2026:
(In thousands)Gross
Cost
Accumulated
Amortization
Net
Balance
Estimated Useful
Life in Years
Customer relationships$540,604 $265,458 $275,146 6to20
Patents85,597 53,175 32,422 3to20
Trade names (finite life)108,920 37,810 71,110 3to20
Trade names (indefinite life)7,432 — 7,432 Indefinite
Non-compete agreements3,683 3,536 147 3to6
Other458 229 229 2to12
Other intangible assets$746,694 $360,208 $386,486    
Other intangible assets consisted of the following at December 31, 2025:
(In thousands)Gross
Cost
Accumulated
Amortization
Net
Balance
Estimated Useful
Life in Years
Customer relationships$553,520 $267,043 $286,477 6to20
Patents95,119 60,163 34,956 3to20
Trade names (finite life)109,327 36,040 73,287 3to20
Trade names (indefinite life)7,432 — 7,432 Indefinite
Non-compete agreements4,183 4,005 178 3to6
Other458 220 238 2to12
Other intangible assets$770,039 $367,471 $402,568