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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill [Line Items]  
Goodwill
The following table provides the changes in carrying value of goodwill by segment for the nine months ended September 30, 2015:
 
Energy
 
Engineered Systems
 
Fluids
 
Refrigeration & Food Equipment
 
Total
Balance at December 31, 2014
$
1,048,735

 
$
1,270,178

 
$
609,663

 
$
562,981

 
$
3,491,557

Acquisitions

 

 

 
2,076

 
2,076

Purchase price adjustments
8,604

 

 

 

 
8,604

Disposition of business (1)

 
(19,128
)
 

 

 
(19,128
)
Foreign currency translation
(8,923
)
 
(12,586
)
 
(17,426
)
 
(2,394
)
 
(41,329
)
Balance at September 30, 2015
$
1,048,416

 
$
1,238,464

 
$
592,237

 
$
562,663

 
$
3,441,780


(1)
Amount reflects additional goodwill allocated to Sargent Aerospace upon its disposition, based on the fair value of this business relative to the remaining entities within the Engineered Systems segment.
Schedule of Intangible Assets
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset:
 
September 30, 2015
 
December 31, 2014
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
Trademarks
$
137,004

 
$
42,487

 
$
138,650

 
$
34,097

Patents
147,867

 
113,173

 
150,404

 
108,484

Customer Intangibles
1,408,808

 
567,273

 
1,429,906

 
484,449

Unpatented Technologies
91,167

 
53,394

 
92,480

 
45,812

Drawings & Manuals
34,736

 
15,163

 
36,377

 
13,087

Distributor Relationships
64,614

 
36,802

 
64,614

 
34,377

Other
24,087

 
15,335

 
24,214

 
12,737

Total
1,908,283

 
843,627

 
1,936,645

 
733,043

Unamortized intangible assets:
 
 
 
 
 
 
 
Trademarks
165,656

 
 
 
165,918

 
 
Total intangible assets, net
$
1,230,312

 
 
 
$
1,369,520