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Intangibles (Tables)
9 Months Ended
Sep. 30, 2014
Goodwill And Intangible Assets Disclosure [Abstract]  
Change in the Carrying Amount of Goodwill by Segment

The change in the carrying amount of goodwill by segment for the nine months ended September 30, 2014 is as follows:

 

 

Freight

 

 

Transit

 

 

 

 

 

In thousands

Segment

 

 

Segment

 

 

Total

 

Balance at December 31, 2013

$

509,664

 

 

$

276,769

 

 

$

786,433

 

Adjustment to preliminary purchase allocation

 

(2,488

)

 

 

(1,554

)

 

 

(4,042

)

Acquisitions

 

18,168

 

 

 

82,376

 

 

 

100,544

 

Foreign currency impact

 

(3,236

)

 

 

(15,239

)

 

 

(18,475

)

Balance at September 30, 2014

$

522,108

 

 

$

342,352

 

 

$

864,460

 

 

Intangible Assets of the Company, Other Than Goodwill and Trademarks

Intangible assets of the Company, other than goodwill and trademarks, consist of the following:

 

 

September 30,

 

 

December 31,

 

In thousands

2014

 

 

2013

 

Patents, non-compete and other intangibles, net of accumulated

 

 

 

 

 

 

 

amortization of $39,867 and $37,824

$

19,573

 

 

$

15,561

 

Customer relationships, net of accumulated amortization

 

 

 

 

 

 

 

of $53,848 and $44,910

 

256,068

 

 

 

213,324

 

Total

$

275,641

 

 

$

228,885

 

 

Amortization Expense

Amortization expense for the five succeeding years is estimated to be as follows (in thousands):

 

Remainder of 2014

$

6,353

 

2015

 

22,324

 

2016

 

19,799

 

2017

 

18,903

 

2018

 

18,267