Acquisitions, Goodwill And Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

Acquisitions, Goodwill And Other Intangible Assets [Abstract]

Schedule of Goodwill

Goodwill by reportable segment was as follows:

(In thousands)	OEM Segment		Aftermarket Segment		Total
Net balance – December 31, 2018	$	160,257	$	19,911	$	180,168
Acquisitions – 2019	18,204		8,842		27,046
Other	(3,609)		(100)		(3,709)
Net balance – September 30, 2019	$	174,852	$	28,653	$	203,505

Schedule of Other Intangible Assets

Other intangible assets consisted of the following at September 30, 2019:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	200,497	$	64,747	$	135,750	6	to	16
Patents	61,546		43,247		18,299		3	to	19
Trade names (finite life)	15,209		6,652		8,557		3	to	15
Trade names (indefinite life)	7,600		—		7,600		Indefinite
Non-compete agreements	7,193		4,919		2,274		3	to	6
Other	308		165		143		2	to	12
Purchased research and development	4,687		—		4,687		Indefinite
Other intangible assets	$	297,040	$	119,730	$	177,310

Other intangible assets consisted of the following at December 31, 2018:

(In thousands)	Gross Cost		Accumulated Amortization		Net Balance		Estimated Useful Life in Years
Customer relationships	$	191,919	$	54,889	$	137,030	6	to	16
Patents	58,787		40,079		18,708		3	to	19
Trade names (finite life)	10,885		5,507		5,378		3	to	15
Trade names (indefinite life)	7,600		—		7,600		Indefinite
Non-compete agreements	6,919		4,148		2,771		3	to	6
Other	309		141		168		2	to	12
Purchased research and development	4,687		—		4,687		Indefinite
Other intangible assets	$	281,106	$	104,764	$	176,342

Lewmar Marine Limited

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

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

Cash consideration, net of cash acquired	$	40,453
Customer relationship and other identifiable intangible assets	$	15,000
Net tangible assets	3,348
Total fair value of net assets acquired	$	18,348
Goodwill (not tax deductible)	$	22,105

Smoker Craft Inc.

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

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

Cash consideration	$	28,091
Customer relationship and other identifiable intangible assets	$	16,730
Net tangible assets	1,357
Total fair value of net assets acquired	$	18,087
Goodwill (tax deductible)	$	10,004

STLA

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

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

Cash consideration, net of cash acquired	$	14,845
Customer relationships and other identifiable intangible assets	$	6,354
Net tangible assets	4,099
Total fair value of net assets acquired	$	10,453
Goodwill (not tax deductible)	$	4,392