XML 56 R34.htm IDEA: XBRL DOCUMENT v3.20.1
Goodwill and Other Intangibles, Net (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Reconciliation of the change in the carrying value of goodwill
A reconciliation of the change in the carrying amount of goodwill by reportable segment is as follows:
 
Diversified Industrial
 
Energy
 
Financial Services
 
Corporate and Other
 
Total
Balance as of December 31, 2019
 
 
 
 
 
 
 
 
 
Gross goodwill
$
180,855

 
$
67,143

 
$
6,515

 
$
81

 
$
254,594

Accumulated impairments
(40,178
)
 
(64,790
)
 

 

 
(104,968
)
Net goodwill
140,677

 
2,353

 
6,515

 
81

 
149,626

Acquisitions (a)
2,300

 

 

 

 
2,300

Currency translation adjustments
(5
)
 

 

 

 
(5
)
Balance as of March 31, 2020
 
 
 
 
 
 
 
 
 
Gross goodwill
183,150

 
67,143

 
6,515

 
81

 
256,889

Accumulated impairments
(40,178
)
 
(64,790
)
 

 

 
(104,968
)
Net goodwill
$
142,972

 
$
2,353

 
$
6,515

 
$
81

 
$
151,921


(a)
Related to the acquisition of Metallon. See Note 4 - "Acquisitions."

Summary of Intangible Assets
A summary of Other intangible assets, net is as follows:
 
March 31, 2020
 
December 31, 2019
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Customer relationships
$
213,610

 
$
110,348

 
$
103,262

 
$
216,428

 
$
109,701

 
$
106,727

Trademarks, trade names and brand names
51,094

 
18,667

 
32,427

 
51,414

 
18,469

 
32,945

Developed technology, patents and patent applications
32,012

 
17,610

 
14,402

 
31,984

 
17,176

 
14,808

Other
18,760

 
15,102

 
3,658

 
17,963

 
13,850

 
4,113

Total
$
315,476

 
$
161,727

 
$
153,749

 
$
317,789

 
$
159,196

 
$
158,593