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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the six months ended June 30, 2016, by reportable business segment, were as follows:
 
 
Fluid &
Metering
Technologies
 
Health &
Science
Technologies
 
Fire & Safety/
Diversified
Products
 
Total
Balance at December 31, 2015
$
584,770

 
$
590,605

 
$
221,154

 
$
1,396,529

Foreign currency translation and other
1,534

 
(4,344
)
 
352

 
(2,458
)
Acquisitions

 

 
123,855

 
123,855

Acquisition adjustments
(1,623
)
 

 

 
(1,623
)
Balance at June 30, 2016
$
584,681

 
$
586,261

 
$
345,361

 
$
1,516,303

Schedule of Gross Carrying Value and Accumulated Amortization For Each Major Class of Intangible Asset
The following table provides the gross carrying value and accumulated amortization for each major class of intangible assets at June 30, 2016 and December 31, 2015:
 
 
At June 30, 2016
 
 
 
At December 31, 2015
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Weighted
Average
Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Patents
$
10,298

 
$
(6,633
)
 
$
3,665

 
11
 
$
10,202

 
$
(6,175
)
 
$
4,027

Trade names
114,307

 
(42,155
)
 
72,152

 
16
 
110,658

 
(38,696
)
 
71,962

Customer relationships
301,507

 
(157,907
)
 
143,600

 
11
 
257,071

 
(144,134
)
 
112,937

Non-compete agreements

 

 

 
3
 
794

 
(775
)
 
19

Unpatented technology
91,129

 
(47,751
)
 
43,378

 
10
 
78,562

 
(42,745
)
 
35,817

Other
6,539

 
(5,899
)
 
640

 
10
 
6,554

 
(5,579
)
 
975

Total amortized intangible assets
523,780

 
(260,345
)
 
263,435

 
 
 
463,841

 
(238,104
)
 
225,737

Indefinite lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Banjo trade name
62,100

 

 
62,100

 
 
 
62,100

 

 
62,100

Akron Brass trade name
28,800

 

 
28,800

 
 
 

 

 

Total intangible assets
$
614,680

 
$
(260,345
)
 
$
354,335

 
 
 
$
525,941

 
$
(238,104
)
 
$
287,837