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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2018
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 for the Company as of and for the period ended September 30, 2018:
 
Industrial
 
Aerospace
 
Total Company
January 1, 2018
$
659,437

 
$
30,786

 
$
690,223

Acquisition related
14,228

 

 
14,228

Foreign currency translation
(16,224
)
 

 
(16,224
)
September 30, 2018
$
657,441

 
$
30,786

 
$
688,227

Schedule of Intangible Assets
Other intangible assets consisted of:
 
 
 
September 30, 2018
 
December 31, 2017
 
Range of
Life -Years
 
Gross Amount
 
Accumulated Amortization
 
Gross Amount
 
Accumulated Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
Revenue sharing programs (RSPs)
Up to 30
 
$
299,500

 
$
(118,945
)
 
$
293,700

 
$
(108,075
)
Component repair programs (CRPs)
Up to 30
 
111,839

 
(20,855
)
 
111,839

 
(16,508
)
Customer lists/relationships
10-16
 
230,466

 
(74,953
)
 
215,966

 
(65,385
)
Patents and technology
4-10
 
87,052

 
(56,098
)
 
87,052

 
(48,083
)
Trademarks/trade names
10-30
 
11,950

 
(10,636
)
 
11,950

 
(10,349
)
Other
Up to 15
 
20,551

 
(16,727
)
 
20,551

 
(16,414
)
 
 
 
761,358

 
(298,214
)
 
741,058

 
(264,814
)
Unamortized intangible assets:
 
 
 
 
 
 
 
 
 
Trade names
 
 
43,570

 

 
42,770

 

Foreign currency translation
 
 
(16,737
)
 

 
(11,972
)
 

Other intangible assets
 
 
$
788,191

 
$
(298,214
)
 
$
771,856

 
$
(264,814
)