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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill [Line Items]  
Goodwill
The changes in the carrying value of goodwill by reportable operating segments were as follows:
 
Engineered Systems
 
Fluids
 
Refrigeration & Food Equipment
 
Energy
 
Total
Balance at December 31, 2017
$
1,585,397

 
$
1,414,459

 
$
536,699

 
$
1,055,357

 
$
4,591,912

Acquisitions

 
36,505

 
10,402

 

 
46,907

Purchase price adjustments
44

 

 

 
(53
)
 
(9
)
Foreign currency translation
20,826

 
23,649

 
415

 
(761
)
 
44,129

Balance at March 31, 2018
$
1,606,267

 
$
1,474,613

 
$
547,516

 
$
1,054,543

 
$
4,682,939

Schedule of Intangible Assets
The Company’s definite-lived and indefinite-lived intangible assets by major asset class were as follows:
 
March 31, 2018
 
December 31, 2017
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying Amount
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying Amount
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Customer intangibles
$
2,017,567

 
$
877,085

 
$
1,140,482

 
$
1,977,776

 
$
836,102

 
$
1,141,674

Trademarks
257,469

 
81,308

 
176,161

 
253,934

 
76,344

 
177,590

Patents
161,385

 
133,431

 
27,954

 
160,237

 
130,771

 
29,466

Unpatented technologies
170,029

 
85,734

 
84,295

 
162,613

 
80,984

 
81,629

Distributor relationships
88,610

 
34,259

 
54,351

 
85,794

 
32,092

 
53,702

Drawings & manuals
37,026

 
24,436

 
12,590

 
35,806

 
22,876

 
12,930

Other
35,498

 
22,068

 
13,430

 
34,106

 
21,570

 
12,536

Total
2,767,584

 
1,258,321

 
1,509,263

 
2,710,266

 
1,200,739

 
1,509,527

Unamortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Trademarks
100,465

 

 
100,465

 
100,400

 

 
100,400

Total intangible assets, net
$
2,868,049

 
$
1,258,321

 
$
1,609,728

 
$
2,810,666

 
$
1,200,739

 
$
1,609,927