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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table sets forth the change in the carrying amount of goodwill for each reportable segment and the Company:


 
 
Aerospace
 
Industrial
 
Distribution
 
Total
Company
January 1, 2011
 
$
30,786

 
$
192,569

 
$
160,886

 
$
384,241

Goodwill acquired
 

 
167

 

 
167

Divestiture
 

 

 
(17,200
)
 
(17,200
)
Foreign currency translation
 

 
(192
)
 
(912
)
 
(1,104
)
December 31, 2011
 
30,786

 
192,544

 
142,774

 
366,104

Goodwill acquired, net of adjustments



201,029

 

 
201,029

Foreign currency translation
 

 
12,534

 
238

 
12,772

December 31, 2012
 
$
30,786

 
$
406,107

 
$
143,012

 
$
579,905

Schedule of Finite-Lived Intangible Assets by Major Class
Other intangible assets at December 31 consisted of:
 
 
 
 
 
2012
 
2011
 
 
Range of
Life-Years
 
Gross
Amount
 
Accumulated
Amortization
 
Gross
Amount
 
Accumulated
Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
Revenue Sharing Programs
 
Up to 30
 
$
293,700

 
$
(54,638
)
 
$
293,700

 
$
(46,367
)
Customer lists/relationships
 
10-15
 
102,806

 
(21,727
)
 
23,506

 
(17,292
)
Patents and technology
 
7-14
 
41,972

 
(7,758
)
 
6,572

 
(5,211
)
Trademarks/trade names
 
5-30
 
12,750

 
(7,497
)
 
12,050

 
(6,618
)
Other
 
Up to 15
 
12,692

 
(6,927
)
 
11,492

 
(4,454
)
 
 
 
 
463,920

 
(98,547
)
 
347,320

 
(79,942
)
Unamortized intangible asset
 
 
 
 
 
 
 
 
 
 
Trade name
 
 
 
10,000

 

 

 

 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation
 
 
 
8,599

 

 
4,714

 

Other intangible assets
 
 
 
$
482,519

 
$
(98,547
)
 
$
352,034

 
$
(79,942
)