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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2015
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:
 
Industrial
 
Aerospace
 
Total
Company
January 1, 2014
$
618,911

 
$
30,786

 
$
649,697

Foreign currency translation
(54,748
)
 
—

 
(54,748
)
December 31, 2014
564,163

 
30,786

 
594,949

Goodwill acquired
22,798

 
—


22,798

Foreign currency translation
(29,755
)
 
—

 
(29,755
)
December 31, 2015
$
557,206

 
$
30,786

 
$
587,992
Schedule of Intangible Assets
Other intangible assets at December 31 consisted of:
 
 
 
 
 
2015
 
2014
 
 
Range of
Life-Years
 
Gross
Amount
 
Accumulated
Amortization
 
Gross
Amount
 
Accumulated
Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
Revenue Sharing Programs
 
Up to 30
 
$
293,700

 
$
(84,629
)
 
$
293,700

 
$
(72,958
)
Component Repair Program
 
Up to 30
 
111,839

 
(6,054
)
 
106,639

 
(1,941
)
Customer lists/relationships
 
10-16
 
194,566

 
(41,786
)
 
183,406

 
(30,731
)
Patents and technology
 
6-14
 
69,352

 
(29,551
)
 
62,972

 
(22,356
)
Trademarks/trade names
 
10-30
 
11,950

 
(9,412
)
 
11,950

 
(8,552
)
Other
 
Up to 15
 
20,551

 
(15,413
)
 
19,292

 
(14,806
)
 
 
 
 
701,958

 
(186,845
)
 
677,959

 
(151,344
)
Unamortized intangible asset:
 
 
 
 
 
 
 
 
 
 
Trade names
 
 
 
38,370

 
—

 
36,900

 
—

 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation
 
 
 
(25,161
)
 
—

 
(8,821
)
 
—

Other intangible assets
 
 
 
$
715,167

 
$
(186,845
)
 
$
706,038

 
$
(151,344
)