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Acquisitions, Goodwill And Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Business Acquisition [Line Items]  
Schedule of Goodwill
Goodwill by reportable segment was as follows:
(In thousands)
OEM Segment
 
Aftermarket Segment
 
Total
Net balance – December 31, 2017
$
109,641

 
$
14,542

 
$
124,183

Acquisitions – 2018
17,785

 
3,197

 
20,982

Other
2,126

 

 
2,126

Net balance – March 31, 2018
$
129,552

 
$
17,739

 
$
147,291

Schedule of Other Intangible Assets
Other intangible assets consisted of the following at March 31, 2018:
(In thousands)
Gross
Cost
 
Accumulated
Amortization
 
Net
Balance
 
Estimated Useful
Life in Years
Customer relationships
$
187,229

 
$
45,393

 
$
141,836

 
6
to
16
Patents
59,415

 
40,130

 
19,285

 
3
to
19
Trade names
14,833

 
5,607

 
9,226

 
3
to
15
Non-compete agreements
10,154

 
4,689

 
5,465

 
3
to
6
Other
309

 
117

 
192

 
2
to
12
Purchased research and development
4,687

 

 
4,687

 
Indefinite
Other intangible assets
$
276,627

 
$
95,936

 
$
180,691

 
 
 
 

Other intangible assets consisted of the following at March 31, 2017:
(In thousands)
Gross
Cost
 
Accumulated
Amortization
 
Net
Balance
 
Estimated Useful
Life in Years
Customer relationships
$
113,513

 
$
34,704

 
$
78,809

 
6
to
16
Patents
57,347

 
34,850

 
22,497

 
3
to
19
Trade names
9,741

 
4,494

 
5,247

 
3
to
15
Non-compete agreements
6,076

 
3,230

 
2,846

 
3
to
6
Other
309

 
84

 
225

 
2
to
12
Purchased research and development
4,687

 

 
4,687

 
Indefinite
Other intangible assets
$
191,673

 
$
77,362

 
$
114,311

 
 
 
 

Other intangible assets consisted of the following at December 31, 2017:
(In thousands)
Gross
Cost
 
Accumulated
Amortization
 
Net
Balance
 
Estimated Useful
Life in Years
Customer relationships
$
138,687

 
$
42,276

 
$
96,411

 
6
to
16
Patents
57,576

 
38,764

 
18,812

 
3
to
19
Trade names
10,995

 
5,381

 
5,614

 
3
to
15
Non-compete agreements
8,536

 
4,128

 
4,408

 
3
to
6
Other
309

 
109

 
200

 
2
to
12
Purchased research and development
4,687

 

 
4,687

 
Indefinite
Other intangible assets
$
220,790

 
$
90,658

 
$
130,132

 
 
 
 
Hehr  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The acquisition of this business was preliminarily recorded on the acquisition date as follows (in thousands):
Cash consideration
$
50,125

 
 
Customer relationships and other identifiable intangible assets
$
25,500

Net tangible assets
17,955

Total fair value of net assets acquired
$
43,455

 
 
Goodwill (tax deductible)
$
6,670

Taylor Made  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The acquisition of this business was preliminarily recorded on the acquisition date as follows (in thousands):
Cash consideration, net of cash acquired
$
88,445

 
 
Customer relationships
$
25,000

Other identifiable intangible assets
7,000

Net tangible assets
42,133

Total fair value of net assets acquired
$
74,133

 
 
Goodwill (tax deductible)
$
14,312

SessaKlein S.p.A.  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The acquisition of this business was recorded on the acquisition date as follows (in thousands):
Cash consideration, net of cash acquired
$
6,502

Contingent consideration
3,838

Total fair value of consideration given
$
10,340

 
 
Identifiable intangible assets
$
2,286

Net tangible assets
364

Total fair value of net assets acquired
$
2,650

 
 
Goodwill (not tax deductible)
$
7,690