Acquisitions, Goodwill And Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Business Acquisition

Schedule of Goodwill

Goodwill by reportable segment was as follows:

(In thousands)	OEM Segment			Aftermarket Segment		Total
Net balance – December 31, 2014	$	52,815		$	13,706	$	66,521
Acquisitions – 2015	17,007			91		17,098
Net balance – December 31, 2015	69,822			13,797		83,619
Acquisitions – 2016	5,059			738		5,797
Other	(218		)	—		(218		)
Net balance – December 31, 2016	$	74,663		$	14,535	$	89,198

Schedule of Finite-Lived Intangible Assets

Other intangible assets, by segment, consisted of the following at December 31:

(In thousands)	2016		2015
OEM Segment	$	97,689	$	84,752
Aftermarket Segment	15,254		16,183
Other intangible assets	$	112,943	$	100,935

Other intangible assets consisted of the following at December 31, 2016:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	110,784	$	32,414	$	78,370	6	to	16
Patents	56,468		34,066		22,402		3	to	19
Tradenames	10,041		5,667		4,374		3	to	15
Non-compete agreements	5,852		2,975		2,877		3	to	6
Other	309		76		233		2	to	12
Purchased research and development	4,687		—		4,687		Indefinite
Other intangible assets	$	188,141	$	75,198	$	112,943

Other intangible assets consisted of the following at December 31, 2015:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	94,560	$	30,514	$	64,046	6	to	16
Patents	54,293		28,255		26,038		3	to	19
Tradenames	8,935		4,751		4,184		3	to	15
Non-compete agreements	4,493		2,800		1,693		3	to	6
Other	594		307		287		2	to	12
Purchased research and development	4,687		—		4,687		Indefinite
Other intangible assets	$	167,562	$	66,627	$	100,935

Schedule of Indefinite-Lived Intangible Assets

Other intangible assets, by segment, consisted of the following at December 31:

(In thousands)	2016		2015
OEM Segment	$	97,689	$	84,752
Aftermarket Segment	15,254		16,183
Other intangible assets	$	112,943	$	100,935

Other intangible assets consisted of the following at December 31, 2016:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	110,784	$	32,414	$	78,370	6	to	16
Patents	56,468		34,066		22,402		3	to	19
Tradenames	10,041		5,667		4,374		3	to	15
Non-compete agreements	5,852		2,975		2,877		3	to	6
Other	309		76		233		2	to	12
Purchased research and development	4,687		—		4,687		Indefinite
Other intangible assets	$	188,141	$	75,198	$	112,943

Other intangible assets consisted of the following at December 31, 2015:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	94,560	$	30,514	$	64,046	6	to	16
Patents	54,293		28,255		26,038		3	to	19
Tradenames	8,935		4,751		4,184		3	to	15
Non-compete agreements	4,493		2,800		1,693		3	to	6
Other	594		307		287		2	to	12
Purchased research and development	4,687		—		4,687		Indefinite
Other intangible assets	$	167,562	$	66,627	$	100,935

Schedule of Estimated Amortization Expense

Amortization expense related to other intangible assets was as follows for the years ended December 31:

(In thousands)	2016		2015		2014
Cost of sales	$	5,967	$	6,017	$	5,092
Selling, general and administrative	11,791		10,038		7,612
Amortization expense	$	17,758	$	16,055	$	12,704

Estimated amortization expense for other intangible assets for the next five years is as follows:

(In thousands)	2017		2018		2019		2020		2021
Cost of sales	$	5,809	$	4,973	$	4,330	$	3,283	$	2,743
Selling, general and administrative	10,989		10,405		9,362		8,060		7,466
Amortization expense	$	16,798	$	15,378	$	13,692	$	11,343	$	10,209

Atwood Mobile Products, LLC

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was preliminarily recorded on the acquisition date as follows (in thousands):

Cash consideration	$	12,463
Customer relationships	$	2,116
Net other assets	10,347
Total fair value of net assets acquired	$	12,463

Project 2000

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was preliminarily recorded on the acquisition date as follows (in thousands):

Cash consideration net of cash acquired	$	16,137
Contingent consideration	1,322
Total fair value of consideration given	$	17,459
Customer relationships	$	9,694
Other identifiable intangible assets	5,193
Net other assets	128
Total fair value of net assets acquired	$	15,015
Goodwill (not tax deductible)	$	2,444

Highwater

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was recorded on the acquisition date as follows (in thousands):

Cash consideration	$	10,000
Customer relationships	$	8,100
Net tangible assets	1,307
Total fair value of net assets acquired	$	9,407
Goodwill (tax deductible)	$	593

Signature Seating

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was recorded on the acquisition date as follows (in thousands):

Cash consideration	$	16,000
Contingent consideration	3,556
Total fair value of consideration given	$	19,556
Customer relationships	$	7,500
Net other assets	4,023
Total fair value of net assets acquired	$	11,523
Goodwill (tax deductible)	$	8,033

Spectal Industries, Inc.

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was recorded on the acquisition date as follows (in thousands):

Cash consideration	$	22,335
Contingent consideration	1,211
Total fair value of consideration given	$	23,546
Customer relationships	$	10,100
Net other assets	4,381
Total fair value of net assets acquired	$	14,481
Goodwill (tax deductible)	$	9,065

EA Technologies, LLC

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was recorded on the acquisition date as follows (in thousands):

Cash consideration	$	9,248
Identifiable intangible assets	$	480
Net tangible assets	8,868
Total fair value of net assets acquired	$	9,348
Gain on bargain purchase	$	100

Duncan Systems, Inc.

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was recorded on the acquisition date as follows (in thousands):

Cash consideration	$	18,000
Contingent consideration	1,914
Total fair value of consideration given	$	19,914
Customer relationships	$	10,500
Net other assets	5,000
Total fair value of net assets acquired	$	15,500
Goodwill (tax deductible)	$	4,414

PowerGear and Kwikee Brands

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was recorded on the acquisition date as follows (in thousands):

Cash consideration	$	35,500
Customer relationships	$	12,300
Patents	5,300
Other identifiable intangible assets	2,130
Net tangible assets	2,227
Total fair value of net assets acquired	$	21,957
Goodwill (tax deductible)	$	13,543

Star Designs, LLC

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was recorded on the acquisition date as follows (in thousands):

Cash consideration	$	12,232
Customer relationships	$	4,400
Net other assets	2,718
Total fair value of net assets acquired	$	7,118
Goodwill (tax deductible)	$	5,114

Innovative Design Solutions, Inc

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was recorded on the acquisition date as follows (in thousands):

Cash consideration	$	34,175
Present value of future payments	1,739
Contingent consideration	710
Total fair value of consideration given	$	36,624
Patents	$	6,000
Customer relationships	4,000
Other identifiable intangible assets	3,180
Net tangible assets	1,894
Total fair value of net assets acquired	$	15,074
Goodwill (tax deductible)	$	21,550

Flair Interiors

Business Acquisition

Schedule of Business Acquisitions

The acquisition of this business was recorded on the acquisition date as follows (in thousands):

Cash consideration	$	8,100
Customer relationships	$	3,700
Net other assets	2,378
Total fair value of net assets acquired	$	6,078
Goodwill (tax deductible)	$	2,022