Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Changes in Carrying Value of Goodwill by Segment

The changes in the carrying value of goodwill by segment for the years ended December 31, 2018 and 2017 are as follows:

	Power Transmission Technologies			Automation & Specialty		Total
Balance January 1, 2017	$	188,841		$	—	$	188,841
Impact of changes in foreign currency and other		15,389			—		15,389
Measurement period adjustment related to acquisition of Stromag, including working capital settlement		1,810			—		1,810
Net goodwill balance December 31, 2017		206,040			—		206,040
Impact of changes in foreign currency and other		(5,730	)		1,842		(3,888	)
Acquired goodwill related to the acquisition of the A&S Business		209,844			1,250,345		1,460,189
Net goodwill balance December 31, 2018	$	410,154		$	1,252,187	$	1,662,341

Gross Carrying Value and Accumulated Amortization of Intangible Assets

The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset:

	December 31, 2018						December 31, 2017
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Other intangible assets
Intangible assets not subject to amortization:
Tradenames and trademarks	$	261,957	$	—	$	261,957	$	54,883	$	—	$	54,883
In-process research and development		16,000		—		16,000		—		—		—
Intangible assets subject to amortization:
Customer relationships		1,196,465		91,030		1,105,435		177,207		72,970	$	104,237
Product technology and patents		212,915		10,579		202,336		5,853		5,360	$	493
Total intangible assets	$	1,687,337	$	101,609	$	1,585,728	$	237,943	$	78,330	$	159,613