Post-effective amendment to a registration statement that is not immediately effective upon filing

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS (Tables)

v3.22.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS (Tables)
 12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Summary of Property, Plant and Equipment Useful Lives
Depreciation is computed using the straight-line method over the estimated useful lives of the assets as follows:
 
    
Years
Buildings
    30–40 years
Furniture and fixtures
    1–8 Years
Machinery and equipment
    1–26 Years
Vehicles
    1–8 Years
Leasehold improvements
    Shorter of remaining lease term or estimated useful life
Property, plant and equipment, net by geographical area consisted of the following (in thousands):
 
    
Successor
                 
Predecessor
  
    
December 31,
2021
                 
December 31,
2020
  
United States
    $ 37,159        $ 29,155
Canada
      3,512          3,403
Germany
      17,199          13,487
Other foreign jurisdictions
      4,377          2,190
  
 
 
         
 
 
  
Total property, plant and equipment, net
    $ 62,247        $ 48,235