v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
 3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the amount of the carrying value of goodwill for the three months ended March 31, 2026, are as follows:
(in thousands)
Balance - January 1, 2026$32,359 
Impact of foreign currency translation adjustments(218)
Balance – March 31, 2026$32,141 
Goodwill was comprised of the following at March 31, 2026, and December 31, 2025:
(in thousands)March 31,
2026		December 31,
2025
Electronic Test$13,742 $13,957 
Environmental Technologies1,817 1,817 
Process Technologies16,582 16,585 
Total goodwill$32,141 $32,359 
Schedule of Indefinite-Lived Intangible Assets
Changes in the amount of the carrying value of our intangible assets for the three months ended March 31, 2026 were as follows:
(in thousands)Finite-LivedIndefinite-Lived
Balance - January 1, 2026$14,372 $10,504 
Impact of foreign currency translation adjustments(185)(52)
Amortization(778)— 
Balance – March 31, 2026$13,409 $10,452 
The following tables provide further detail about our intangible assets as of March 31, 2026, and December 31, 2025:
March 31, 2026
(in thousands)Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Finite-lived intangible assets:
Customer relationships$25,005 $14,381 $10,624 
Technology6,211 3,426 2,785 
Patents590 590 — 
Software270 270 — 
Trade name140 140 — 
Total finite-lived intangible assets32,216 18,807 13,409 
Indefinite-lived intangible assets:
Trademarks10,452 — 10,452 
Total intangible assets$42,668 $18,807 $23,861 
December 31, 2025
(in thousands)Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Finite-lived intangible assets:
Customer relationships$25,192 $13,857 $11,335 
Technology6,279 3,242 3,037 
Patents590 590 — 
Software270 270 — 
Trade name140 140 — 
Total finite-lived intangible assets32,471 18,099 14,372 
Indefinite-lived intangible assets:
Trademarks10,504 — 10,504 
Total intangible assets$42,975 $18,099 $24,876 
Schedule of Finite-Lived Intangible Assets
Changes in the amount of the carrying value of our intangible assets for the three months ended March 31, 2026 were as follows:
(in thousands)Finite-LivedIndefinite-Lived
Balance - January 1, 2026$14,372 $10,504 
Impact of foreign currency translation adjustments(185)(52)
Amortization(778)— 
Balance – March 31, 2026$13,409 $10,452 
The following tables provide further detail about our intangible assets as of March 31, 2026, and December 31, 2025:
March 31, 2026
(in thousands)Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Finite-lived intangible assets:
Customer relationships$25,005 $14,381 $10,624 
Technology6,211 3,426 2,785 
Patents590 590 — 
Software270 270 — 
Trade name140 140 — 
Total finite-lived intangible assets32,216 18,807 13,409 
Indefinite-lived intangible assets:
Trademarks10,452 — 10,452 
Total intangible assets$42,668 $18,807 $23,861 
December 31, 2025
(in thousands)Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Finite-lived intangible assets:
Customer relationships$25,192 $13,857 $11,335 
Technology6,279 3,242 3,037 
Patents590 590 — 
Software270 270 — 
Trade name140 140 — 
Total finite-lived intangible assets32,471 18,099 14,372 
Indefinite-lived intangible assets:
Trademarks10,504 — 10,504 
Total intangible assets$42,975 $18,099 $24,876 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table sets forth the estimated annual amortization expense for each of the next five years and thereafter:
(in thousands)
Remaining 2026$1,677 
20272,044 
20281,688 
20291,356 
20301,246 
Thereafter5,398 
Total estimated amortization of finite-lived intangible assets$13,409