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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2013
Changes To Goodwill
Changes to goodwill are as follows:
(in thousands)
Six Months Ended June 30, 2013
 
Year Ended December 31, 2012
Balance at beginning of period
$
813,792

 
$
820,824

Disposals

 
(13,966
)
Currency translation
(11,345
)
 
6,934

Balance at end of period
$
802,447

 
$
813,792

Changes To Intangible Assets
Changes to intangible assets are as follows:
(in thousands)
Six Months Ended June 30, 2013
 
Year Ended December 31, 2012
Balance at beginning of period, net of accumulated amortization
$
125,913

 
$
146,227

Disposals

 
(3,789
)
Amortization expense
(8,289
)
 
(16,907
)
Currency translation and other
(3,034
)
 
382

Balance at end of period, net of accumulated amortization
$
114,590

 
$
125,913

Summary Of Intangible Assets
A summary of intangible assets follows:
 
Weighted Average
Amortization Period of Finite Lived Assets (in years)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2013
 
December 31, 2012
(in thousands)
 
Gross
Asset
 
Accumulated
Amortization
 
Net
 
Gross
Asset
 
Accumulated
Amortization
 
Net
Intellectual property rights
18.8
 
$
87,242

 
$
47,863

 
$
39,379

 
$
88,614

 
$
47,202

 
$
41,412

Customer relationships and backlog
11.6
 
136,749

 
77,325

 
59,424

 
140,250

 
73,630

 
66,620

Drawings
37.9
 
11,149

 
9,900

 
1,249

 
11,149

 
9,850

 
1,299

Other
14.0
 
50,451

 
35,913

 
14,538

 
51,093

 
34,511

 
16,582

Total
14.0
 
$
285,591

 
$
171,001

 
$
114,590

 
$
291,106

 
$
165,193

 
$
125,913