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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
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 June 30, 2019:
 
Industrial
 
Aerospace
 
Total Company
January 1, 2019
$
924,738

 
$
30,786

 
$
955,524

Acquisition related
681

 

 
681

Foreign currency translation
(4,755
)
 

 
(4,755
)
June 30, 2019
$
920,664

 
$
30,786

 
$
951,450


Schedule of Intangible Assets
Other intangible assets consisted of:
 
 
 
June 30, 2019
 
December 31, 2018
 
Range of
Life -Years
 
Gross Amount
 
Accumulated Amortization
 
Gross Amount
 
Accumulated Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
Revenue sharing programs (RSPs)
Up to 30
 
$
299,500

 
$
(128,900
)
 
$
299,500

 
$
(121,957
)
Component repair programs (CRPs)
Up to 30
 
111,839

 
(24,555
)
 
111,839

 
(21,895
)
Customer relationships
10-16
 
338,366

 
(89,506
)
 
338,366

 
(79,439
)
Patents and technology
4-10
 
125,852

 
(65,974
)
 
125,852

 
(59,205
)
Trademarks/trade names
10-30
 
11,950

 
(10,927
)
 
11,950

 
(10,731
)
Other
Up to 15
 
7,296

 
(3,776
)
 
7,296

 
(3,551
)
 
 
 
894,803

 
(323,638
)
 
894,803

 
(296,778
)
Unamortized intangible assets:
 
 
 
 
 
 
 
 
 
Trade names
 
 
55,670

 

 
55,670

 

Foreign currency translation
 
 
(19,444
)
 

 
(17,157
)
 

Other intangible assets
 
 
$
931,029

 
$
(323,638
)
 
$
933,316

 
$
(296,778
)