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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets  
Schedule of changes in the carrying amount of goodwill

The following table sets forth the changes in the carrying amount of goodwill for the years ended December 31, 2016, 2015 and 2014 (in millions):

                                                                                                                                                                                    

Balance at December 31, 2013

 

$

127.4

 

Current period additions/adjustments

 

 

5.0

 

Foreign currency impact

 

 

(4.6

)

​  

​  

Balance at December 31, 2014

 

$

127.8

 

Current period additions/adjustments

 

 

6.8

 

Impairment

 

 

(0.7

)

Foreign currency impact

 

 

(3.3

)

​  

​  

Balance at December 31, 2015

 

 

130.6

 

Current period additions/adjustments

 

 

1.0

 

Foreign currency impact

 

 

(1.0

)

​  

​  

Balance at December 31, 2016

 

$

130.6

 

​  

​  

​  

​  

 

Summary of intangible assets

The following is a summary of intangible assets at December 31, (in millions):

                                                                                                                                                                                    

 

 

2016

 

2015

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Existing technology and related patents

 

$

169.0

 

$

(113.9

)

$

55.1

 

$

154.5

 

$

(95.5

)

$

59.0

 

Customer relationships

 

 

20.0

 

 

(7.9

)

 

12.1

 

 

18.4

 

 

(5.9

)

 

12.5

 

Non compete conracts

 

 

1.8

 

 

(1.1

)

 

0.7

 

 

1.8

 

 

(0.6

)

 

1.2

 

Trade names

 

 

1.6

 

 

(0.4

)

 

1.2

 

 

1.6

 

 

(0.2

)

 

1.4

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Intangible assets subject to amortization

 

 

192.4

 

 

(123.3

)

 

69.1

 

 

176.3

 

 

(102.2

)

 

74.1

 

In-process research and development

 

 

0.6

 

 

 

 

0.6

 

 

0.6

 

 

 

 

0.6

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Intangible assets

 

$

193.0

 

$

(123.3

)

$

69.7

 

$

176.9

 

$

(102.2

)

$

74.7

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of estimated future amortization expense related to amortizable intangible assets

The estimated future amortization expense related to amortizable intangible assets at December 31, 2016 is as follows (in millions):

                                                                                                                                                                                    

2017

 

$

24.4 

 

2018

 

 

20.0 

 

2019

 

 

8.2 

 

2020

 

 

7.3 

 

2021

 

 

6.5 

 

Thereafter

 

 

2.7 

 

​  

​  

Total

 

$

69.1 

 

​  

​  

​  

​