XML 140 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
GOODWILL AND OTHER ACQUISITION INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Activity in Goodwill Balances for Each Segment
Following are the changes in goodwill by segment. 
 
Aerospace Materials
 
Industrial Materials
 
In Process
Separation
 
Additive
Technologies
 
Total
Balance at December 31, 2011:
$
219.5

 
$
14.5

 
$
52.7

 
$
27.8

 
$
314.5

Acquisitions
17.0

 
167.4

 
20.8

 

 
205.2

Foreign currency translation adjustments
0.6

 
4.9

 
0.1

 

 
5.6

Balance at December 31, 2012:
237.1

 
186.8

 
73.6

 
27.8

 
525.3

Foreign currency translation adjustments
1.1

 
1.1

 
(4.7
)
 

 
(2.5
)
Umeco acquisition adjustments
0.3

 
2.0

 

 

 
2.3

Sale of the Industrial Materials distribution product line

 
(3.8
)
 

 

 
(3.8
)
Balance at December 31, 2013:
$
238.5

 
$
186.1

 
$
68.9

 
$
27.8

 
$
521.3

Other Acquisition Intangibles
Other acquisition intangibles consisted of the following major classes: 
  
Weighted
Average
Useful
Life
(years)
 
Gross
Carrying Value
 
Accumulated
Amortization
 
Net
Carrying Value
December 31,
2013
 
2013
 
2012
 
2013
 
2012
 
2013
 
2012
Technology-based
14.5
 
$
48.6

 
$
48.6

 
$
(23.8
)
 
$
(20.6
)
 
$
24.8

 
$
28.0

Marketing-related
10.1
 
14.3

 
15.1

 
(6.5
)
 
(5.2
)
 
7.8

 
9.9

Customer-related
15.8
 
156.2

 
163.9

 
(27.7
)
 
(18.1
)
 
128.5

 
145.8

Total
 
 
$
219.1

 
$
227.6

 
$
(58.0
)
 
$
(43.9
)
 
$
161.1

 
$
183.7

Estimated Future Amortization Expense for Next Five Years
Assuming no change in the gross carrying amount of acquisition intangibles and that the 2013 average exchange rates remain constant, the estimated future amortization expense for the next five years is as follows: 
 
2014
 
2015
 
2016
 
2017
 
2018
Intangibles amortization expense
$
14.8

 
$
14.7

 
$
14.5

 
$
13.5

 
$
11.9