Quarterly report pursuant to Section 13 or 15(d)

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

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Acquisitions - Fair Value of Acquired Assets and Liabilities (Details) - USD ($)
$ in Thousands
9 Months Ended
Apr. 24, 2024
Jul. 03, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Business Acquisition [Line Items]          
Goodwill     $ 390,636   $ 351,781
Cash consideration [1]     $ 112,206 $ 218,674  
Turbine Controls, Inc. ("TCI")          
Business Acquisition [Line Items]          
Receivables $ 9,122        
Contract assets 16,193        
Inventories 5,512        
Other current assets 570        
Other assets 214        
Property and equipment, net 6,434        
Intangible asset - customer related 59,000        
Goodwill 40,095        
Operating lease right-of-use assets 7,832        
Total assets acquired 144,972        
Accounts payable (9,764)        
Accrued expenses and other current liabilities (5,680)        
Long-term operating lease obligations (7,339)        
Total liabilities assumed (22,783)        
Net assets acquired, excluding cash 122,189        
Cash consideration 112,189        
Post-close adjustment 10,000        
Total 122,189        
Total $ 122,200        
Desser Aerospace          
Business Acquisition [Line Items]          
Receivables   $ 7,383      
Inventories   31,228      
Other current assets   515      
Property and equipment, net   2,527      
Intangible asset - customer related   21,950      
Goodwill   53,942      
Operating lease right-of-use assets   6,679      
Total assets acquired   124,224      
Accounts payable   (10,128)      
Accrued expenses and other current liabilities   (5,793)      
Long-term operating lease obligations   (5,937)      
Deferred tax liabilities   (2,666)      
Total liabilities assumed   (24,524)      
Net assets acquired, excluding cash   99,700      
Cash consideration   101,870      
Post-close adjustment   (2,170)      
Total   $ 99,700      
[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.