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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill [Line Items]  
Goodwill
The following table provides the changes in carrying value of goodwill by segment for the six months ended June 30, 2016:
 
Energy
 
Engineered Systems
 
Fluids
 
Refrigeration & Food Equipment
 
Total
Balance at December 31, 2015
$
1,047,180

 
$
1,473,864

 
$
655,745

 
$
560,600

 
$
3,737,389

Acquisitions

 

 
301,577

 

 
301,577

Purchase price adjustments

 
363

 
4,688

 
580

 
5,631

Disposition of business

 
(9,615
)
 

 

 
(9,615
)
Foreign currency translation
1,463

 
1,394

 
(3,747
)
 
407

 
(483
)
Balance at June 30, 2016
$
1,048,643

 
$
1,466,006

 
$
958,263

 
$
561,587

 
$
4,034,499

Schedule of Intangible Assets
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset:
 
June 30, 2016
 
December 31, 2015
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
Trademarks
$
175,774

 
$
52,863

 
$
150,926

 
$
45,536

Patents
152,110

 
119,160

 
150,570

 
112,399

Customer Intangibles
1,661,639

 
658,738

 
1,567,048

 
595,635

Unpatented Technologies
134,203

 
58,896

 
137,919

 
56,495

Drawings & Manuals
39,437

 
22,473

 
34,232

 
15,760

Distributor Relationships
117,272

 
41,421

 
64,614

 
37,610

Other
26,898

 
19,532

 
23,923

 
18,168

Total
2,307,333

 
973,083

 
2,129,232

 
881,603

Unamortized intangible assets:
 
 
 
 
 
 
 
Trademarks
165,644

 
 
 
165,594

 
 
Total intangible assets, net
$
1,499,894

 
 
 
$
1,413,223