Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 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 nine months ended September 30, 2018 (dollars in millions):

Balance at December 31, 2017	$	169.8
Current period additions		32.3
Current period adjustments		(0.3)
Foreign currency effect		(1.9)
Balance at September 30, 2018	$	199.9

Summary of intangible assets - subject to amortization

The following is a summary of intangible assets, excluding goodwill (dollars in millions):

	September 30, 2018						December 31, 2017
	Gross						Gross
	Carrying		Accumulated		Net Carrying		Carrying		Accumulated		Net Carrying
	Amount		Amortization		Amount		Amount		Amortization		Amount
Existing technology and related patents	$	215.3	$	(156.0)	$	59.3	$	195.4	$	(138.9)	$	56.5
Customer relationships		49.6		(16.2)		33.4		34.6		(12.9)		21.7
Non compete contracts		1.8		(1.8)		—		1.8		(1.5)		0.3
Trade names		5.4		(1.4)		4.0		4.2		(0.9)		3.3
Other		2.8		(1.4)		1.4		—		—		—
Intangible assets subject to amortization		274.9		(176.8)		98.1		236.0		(154.2)		81.8
In-process research and development		0.6		—		0.6		0.6		—		0.6
Intangible assets	$	275.5	$	(176.8)	$	98.7	$	236.6	$	(154.2)	$	82.4

Summary of intangible assets - in-process research and development

The following is a summary of intangible assets, excluding goodwill (dollars in millions):

	September 30, 2018						December 31, 2017
	Gross						Gross
	Carrying		Accumulated		Net Carrying		Carrying		Accumulated		Net Carrying
	Amount		Amortization		Amount		Amount		Amortization		Amount
Existing technology and related patents	$	215.3	$	(156.0)	$	59.3	$	195.4	$	(138.9)	$	56.5
Customer relationships		49.6		(16.2)		33.4		34.6		(12.9)		21.7
Non compete contracts		1.8		(1.8)		—		1.8		(1.5)		0.3
Trade names		5.4		(1.4)		4.0		4.2		(0.9)		3.3
Other		2.8		(1.4)		1.4		—		—		—
Intangible assets subject to amortization		274.9		(176.8)		98.1		236.0		(154.2)		81.8
In-process research and development		0.6		—		0.6		0.6		—		0.6
Intangible assets	$	275.5	$	(176.8)	$	98.7	$	236.6	$	(154.2)	$	82.4