Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2018

Changes in goodwill from January 1, 2018 through September 30, 2018 were as follows:

	Couplings, Clutches & Brakes			Electromagnetic Clutches & Brakes			Gearing			Total
Net goodwill balance January 1, 2018	$	119,963		$	37,905		$	48,172		$	206,040
Acquisition of Aluminum Die Casting		766			-			-			766
Impact of changes in foreign currency		(4,240	)		(157	)		(295	)		(4,692	)
Net goodwill balance September 30, 2018	$	116,489		$	37,748		$	47,877		$	202,114

Other intangible assets as of September 30, 2018 and December 31, 2017 consisted of the following:

	September 30, 2018						December 31, 2017
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Other intangible assets
Intangible assets not subject to amortization:
Tradenames and trademarks	$	53,620	$	—	$	53,620	$	54,883	$	—	$	54,883
Intangible assets subject to amortization:
Customer relationships		172,966		78,880		94,086		177,207		72,970		104,237
Product technology and patents		6,039		5,356		683		5,853		5,360		493
Total intangible assets	$	232,625	$	84,236	$	148,389	$	237,943	$	78,330	$	159,613