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Goodwill And Other Intangible Assets
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
 
The following table shows goodwill by segment as of December 31, 2019 and 2018 (in thousands):
 
Energy
 
Aerospace & Defense
 
Industrial
 
Consolidated
Total
Goodwill as of December 31, 2018
$
96,272

 
$
57,418

 
$
296,915

 
$
450,605

Business divestiture
—

 
—

 
(85,474
)
 
(85,474
)
Reclassification of Instrumentation & Sampling to assets held for sale
(91,492
)
 
—

 
—

 
(91,492
)
Currency translation adjustments
(4,780
)
 
(33
)
 
3,067

 
(1,746
)
Goodwill as of December 31, 2019
$
—

 
$
57,385

 
$
214,508

 
$
271,893



 
Energy
 
Aerospace & Defense
 
Industrial
 
Consolidated
Total
Goodwill as of December 31, 2017
$
145,458

 
$
62,548

 
$
289,156

 
$
497,162

Held for sale
(40,372
)
 
—

 
—

 
(40,372
)
Measurement Period adjustments related to acquisitions
(4,742
)
 
(5,046
)
 
17,984

 
8,196

Business divestiture
—

 
—

 
(3,394
)
 
(3,394
)
Currency translation adjustments
(4,072
)
 
(84
)
 
(6,831
)
 
(10,987
)
Goodwill as of December 31, 2018
$
96,272

 
$
57,418

 
$
296,915

 
$
450,605



During the twelve months ended December 31, 2019, the Company recorded goodwill impairments of $8.6 million related to the discontinued businesses. These amounts are excluded from the tables above which represents goodwill activity for continuing operations. No goodwill impairments were recorded related to continuing operations during the twelve months ended December 31, 2019 or 2018. Historical accumulated goodwill impairments were immaterial.

The tables below present gross intangible assets and the related accumulated amortization (in thousands):
 
December 31, 2019
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying Value
Patents
$
5,368

 
$
(5,368
)
 
$
—

Customer relationships
300,284

 
(83,411
)
 
216,873

Order backlog
22,789

 
(20,517
)
 
2,272

Acquired technology
134,731

 
(43,890
)
 
90,841

Other
341

 
(341
)
 
—

Total Amortized Assets
$
463,513


$
(153,527
)

$
309,986

 
 
 
 
 
 
Non-amortized intangibles (primarily trademarks and trade names)
$
75,556

 
$
—

 
$
75,556

 
 
 
 
 
 
Net Carrying Value of Intangible assets


 


 
$
385,542

 
 
 
 
 
 
 
December 31, 2018
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying Value
Patents
$
5,399

 
$
(5,399
)
 
$
—

Customer relationships
305,866

 
(56,133
)
 
249,733

Order backlog
23,354

 
(18,746
)
 
4,608

Acquired technology
133,247

 
(23,883
)
 
109,364

Other
4,599

 
(4,195
)
 
404

Total Amortized Assets
$
472,465

 
$
(108,356
)
 
$
364,109

 
 
 
 
 
 
Non-amortized intangibles (primarily trademarks and trade names)
$
76,172

 
$
—

 
$
76,172

 
 
 
 
 
 
Net Carrying Value of Intangible assets
 
 
 
 
$
440,281



The table below presents estimated future amortization expense for intangible assets recorded as of December 31, 2019 (in thousands):
 
2020
 
2021
 
2022
 
2023
 
2024
 
After 2025
Estimated amortization expense
$
43,251

 
$
41,314

 
$
36,310

 
$
31,839

 
$
27,982

 
$
129,290



The annual impairment testing of our non-amortized intangible assets was completed as of October 27, 2019 and consisted of a comparison of the fair value of the intangible assets with carrying amounts. No impairments of our non-amortized intangible assets were recorded for the year ended December 31, 2019.