Annual report pursuant to Section 13 and 15(d)

Acquisitions - Fair Value of Acquired Assets and Liabilities (Details)

v3.24.0.1
Acquisitions - Fair Value of Acquired Assets and Liabilities (Details) - USD ($)
$ in Thousands
12 Months Ended
Sep. 27, 2023
Jul. 03, 2023
Jul. 26, 2021
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Business Acquisition [Line Items]            
Goodwill       $ 351,781 $ 217,262 $ 217,262
Cash consideration, net of cash acquired [1]       $ 218,581 $ 0 $ 53,336
Desser Aerospace            
Business Acquisition [Line Items]            
Receivables   $ 7,383        
Inventories   31,112        
Other current assets   515        
Property and equipment   2,527        
Intangibles assets   21,950        
Goodwill   55,681        
Operating lease right-of-use-assets   6,680        
Total assets acquired   125,848        
Accounts payable   (10,128)        
Accrued expenses and other current liabilities   (5,793)        
Long-term operating lease obligations   (5,937)        
Deferred tax liabilities   (4,307)        
Other long-term liabilities   0        
Total liabilities assumed   (26,165)        
Net assets acquired, excluding cash   99,683        
Cash consideration, net of cash acquired   101,870        
Estimated post-close adjustment   (2,187)        
Total   $ 99,683        
Honeywell International            
Business Acquisition [Line Items]            
Other current assets $ 12,000          
Property and equipment 2,714          
Intangibles assets 16,200          
Goodwill 74,086          
Total assets acquired 105,000          
Cash consideration, net of cash acquired 105,000          
Total $ 105,000          
Global Parts            
Business Acquisition [Line Items]            
Receivables     $ 6,410      
Inventories     13,240      
Other current assets     620      
Property and equipment     368      
Intangibles assets     16,000      
Goodwill     10,019      
Operating lease right-of-use-assets     3,043      
Deferred tax assets     1,775      
Accounts payable     (6,112)      
Accrued expenses and other current liabilities     (1,936)      
Long-term operating lease obligations     (2,874)      
Net assets acquired, excluding cash     40,553      
Cash consideration, net of cash acquired     38,553      
Acquisition date estimated fair value of earn-out obligation     2,000      
Total     $ 40,553      
[1]
(a) The cash flows related to discontinued operations and held-for-sale assets and liabilities have not been segregated and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.