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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
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, 2017, 2016 and 2015 (in millions):

                                                                                                                                                                                    

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

 

Current period additions/adjustments

 

 

33.8

 

Foreign currency impact

 

 

5.4

 

​  

​  

Balance at December 31, 2017

 

$

169.8

 

​  

​  

​  

​  

 

Summary of intangible assets

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

                                                                                                                                                                                    

 

 

2017

 

2016

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Existing technology and related patents

 

$

195.4

 

$

(138.9

)

$

56.5

 

$

169.0

 

$

(113.9

)

$

55.1

 

Customer relationships

 

 

34.6

 

 

(12.9

)

 

21.7

 

 

20.0

 

 

(7.9

)

 

12.1

 

Non compete conracts

 

 

1.8

 

 

(1.5

)

 

0.3

 

 

1.8

 

 

(1.1

)

 

0.7

 

Trade names

 

 

4.2

 

 

(0.9

)

 

3.3

 

 

1.6

 

 

(0.4

)

 

1.2

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Intangible assets subject to amortization

 

 

236.0

 

 

(154.2

)

 

81.8

 

 

192.4

 

 

(123.3

)

 

69.1

 

In-process research and development

 

 

0.6

 

 

 

 

0.6

 

 

0.6

 

 

 

 

0.6

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Intangible assets

 

$

236.6

 

$

(154.2

)

$

82.4

 

$

193.0

 

$

(123.3

)

$

69.7

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of estimated future amortization expense related to amortizable intangible assets

        The estimated future amortization expense related to amortizable intangible assets at December 31, 2017 is as follows (in millions):

                                                                                                                                                                                    

2018

 

$

24.4

 

2019

 

 

16.6

 

2020

 

 

13.3

 

2021

 

 

12.6

 

2022

 

 

6.9

 

Thereafter

 

 

8.0

 

​  

​  

Total

 

$

81.8

 

​  

​  

​  

​