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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill activity for each of the Company’s reportable segments that carry goodwill, Specialty Chemicals and Engineered Materials (SCEM), Microcontamination Control (MC) and Advanced Materials Handling (AMH), for the years ended December 31, 2018 and 2017 is shown below:
(In thousands)
SCEM
 
MC
 
AMH
 
Total
December 31, 2016
$
297,858

 
$

 
$
47,411

 
$
345,269

Purchase accounting adjustments

 
8,007

 

 
8,007

Other, including foreign currency translation
6,412

 

 

 
6,412

December 31, 2017
304,270

 
8,007

 
47,411

 
359,688

Addition due to acquisitions

 
183,729

 
9,660

 
193,389

Other, including foreign currency translation
(2,847
)
 
(28
)
 

 
(2,875
)
December 31, 2018
$
301,423

 
$
191,708

 
$
57,071

 
$
550,202

Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Identifiable intangible assets at December 31, 2018 and 2017 consist of the following:
2018
(In thousands)
Gross  carrying
Amount
 
Accumulated
amortization
 
Net  carrying
value
 
Weighted
average life in
years
Developed technology
248,776

 
176,421

 
72,355

 
7.0
Trademarks and trade names
25,643

 
14,749

 
10,894

 
10.5
Customer relationships
328,050

 
133,068

 
194,982

 
10.8
Other
36,306

 
18,850

 
17,456

 
4.1
 
$
638,775

 
$
343,088

 
$
295,687

 
8.9
2017
(In thousands)
Gross  carrying
amount
 
Accumulated
amortization
 
Net  carrying
value
 
Weighted
average life in
years
Developed technology
206,224

 
149,215

 
57,009

 
6.6
Trademarks and trade names
16,807

 
13,712

 
3,095

 
9.9
Customer relationships
220,806

 
110,281

 
110,525

 
10.3
Other
20,032

 
8,231

 
11,801

 
6.7
 
$
463,869

 
$
281,439

 
$
182,430

 
8.5
Amortization of Intangibles
The table below sets forth the amortization expense for the years ended December 31, 2018, 2017, and 2016:
(In thousands)
2018
 
2017
 
2016
Amortization expense
$
62,152

 
$
44,023

 
$
44,263

Estimated Future Amortization Expense
(In thousands)
2019
 
2020
 
2021
 
2022
 
2023
 
Thereafter
 
Total
Future amortization expense
$
63,444

 
$
42,229

 
$
35,771

 
$
35,189

 
$
34,500

 
$
84,554

 
$
295,687