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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
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 three months ended March 31, 2018 (in millions):

 

Balance at December 31, 2017

 

$

169.8

 

Foreign currency effect

 

1.3

 

 

 

 

 

Balance at March 31, 2018

 

$

171.1

 

 

 

 

 

 

 

Summary of intangible assets - subject to amortization

 

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

 

 

 

March 31, 2018

 

December 31, 2017

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net Carrying
Amount

 

Existing technology and related patents

 

$

198.6

 

$

(146.8

)

$

51.8

 

$

195.4

 

$

(138.9

)

$

56.5

 

Customer relationships

 

34.7

 

(13.9

)

20.8

 

34.6

 

(12.9

)

21.7

 

Non compete contracts

 

1.8

 

(1.6

)

0.2

 

1.8

 

(1.5

)

0.3

 

Trade names

 

4.3

 

(1.0

)

3.3

 

4.2

 

(0.9

)

3.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets subject to amortization

 

239.4

 

(163.3

)

76.1

 

236.0

 

(154.2

)

81.8

 

In-process research and development

 

0.7

 

 

0.7

 

0.6

 

 

0.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets

 

$

240.1

 

$

(163.3

)

$

76.8

 

$

236.6

 

$

(154.2

)

$

82.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of intangible assets - in-process research and development

 

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

 

 

 

March 31, 2018

 

December 31, 2017

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net Carrying
Amount

 

Existing technology and related patents

 

$

198.6

 

$

(146.8

)

$

51.8

 

$

195.4

 

$

(138.9

)

$

56.5

 

Customer relationships

 

34.7

 

(13.9

)

20.8

 

34.6

 

(12.9

)

21.7

 

Non compete contracts

 

1.8

 

(1.6

)

0.2

 

1.8

 

(1.5

)

0.3

 

Trade names

 

4.3

 

(1.0

)

3.3

 

4.2

 

(0.9

)

3.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets subject to amortization

 

239.4

 

(163.3

)

76.1

 

236.0

 

(154.2

)

81.8

 

In-process research and development

 

0.7

 

 

0.7

 

0.6

 

 

0.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets

 

$

240.1

 

$

(163.3

)

$

76.8

 

$

236.6

 

$

(154.2

)

$

82.4