Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2024

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, 2024:

	Aerospace		Industrial		Total Company
December 31, 2023 (A)	$	352,352	$	831,272	$	1,183,624
Acquisition related	3,717		$	—	$	3,717
Divestiture related (see Note 3)	—		(58,900)		(58,900)
Impairment charge	—		(53,694)		(53,694)
Foreign currency translation	(802)		(27,123)		(27,925)
June 30, 2024	$	355,267	$	691,555	$	1,046,822

(A) Industrial amounts as of December 31, 2023 are net of accumulated goodwill impairment losses of $68,194.

Schedule of Intangible Assets

Other intangible assets consisted of:

		June 30, 2024				December 31, 2023
	Range of Life -Years	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Amortized intangible assets:
Revenue Sharing Programs (RSPs)	Up to 30	$	296,700	$	(183,031)	$	299,500	$	(176,143)
Component Repair Programs (CRPs)	Up to 30	111,839		(53,206)		111,839		(49,577)
Customer relationships	10-16	579,050		(190,181)		586,189		(180,679)
Patents and technology	4-18	174,280		(99,841)		178,433		(100,662)
Trademarks/trade names	10-30	7,153		(6,434)		10,949		(10,910)
Other	Up to 10	26,334		(16,699)		26,334		(14,857)
		1,195,356		(549,392)		1,213,244		(532,828)
Unamortized intangible assets:
Trade names		55,670		—		55,670		—
Foreign currency translation		(38,968)		—		(29,615)		—
Other intangible assets		$	1,212,058	$	(549,392)	$	1,239,299	$	(532,828)