Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2021

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, 2021:

	Industrial		Aerospace		Total Company
December 31, 2020	$	980,794	$	30,786	$	1,011,580
Foreign currency translation	(25,519)		—		(25,519)
June 30, 2021	$	955,275	$	30,786	$	986,061

Schedule of Intangible Assets

Other intangible assets consisted of:

		June 30, 2021				December 31, 2020
	Range of Life -Years	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Amortized intangible assets:
Revenue Sharing Programs (RSPs)	Up to 30	$	299,500	$	(146,870)	$	299,500	$	(143,209)
Component Repair Programs (CRPs)	Up to 30	111,839		(32,756)		111,839		(30,869)
Customer relationships	10-16	338,366		(129,112)		338,366		(118,752)
Patents and technology	4-11	123,433		(81,843)		123,433		(77,311)
Trademarks/trade names	10-30	10,949		(10,487)		10,949		(10,377)
Other	Up to 15	10,746		(4,929)		10,746		(4,580)
		894,833		(405,997)		894,833		(385,098)
Unamortized intangible assets:
Trade names		55,670		—		55,670		—
Foreign currency translation		(9,670)		—		(1,273)		—
Other intangible assets		$	940,833	$	(405,997)	$	949,230	$	(385,098)