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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2015
Goodwill and Other 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 three months ended March 31, 2015 (in millions):

 

Balance at December 31, 2014

 

$

127.8

 

Current period adjustments

 

0.5

 

Foreign currency effect

 

(3.6

)

Balance at March 31, 2015

 

$

124.7

 

 

Summary of intangible assets

 

The following is a summary of intangible assets (in millions):

 

 

 

March 31, 2015

 

December 31, 2014

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net Carrying
Amount

 

Existing technology and related patents

 

$

151.3

 

$

(82.2

)

$

69.1

 

$

149.8

 

$

(81.7

)

$

68.1

 

Customer relationships

 

11.4

 

(4.6

)

6.8

 

13.4

 

(5.6

)

7.8

 

Non compete contracts

 

1.8

 

(0.3

)

1.5

 

1.8

 

(0.2

)

1.6

 

Trade names

 

0.2

 

(0.2

)

 

0.2

 

(0.2

)

 

Intangible assets subject to amortization

 

164.7

 

(87.3

)

77.4

 

165.2

 

(87.7

)

77.5

 

In-process research and development

 

0.6

 

 

0.6

 

6.3

 

 

6.3

 

Intangible assets

 

$

165.3

 

$

(87.3

)

$

78.0

 

$

171.5

 

$

(87.7

)

$

83.8