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Business Combinations (Tables)
3 Months Ended
Mar. 31, 2017
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The following table summarizes the fair values of the assets acquired and the liabilities assumed at the date of acquisition:
 
 
Fair Values at March 11, 2016
Current assets
 
$
4,215

Property, plant and equipment
 
6,173

Other assets
 
37

Goodwill
 
27,879

Intangible assets
 
35,427

Fair value of assets acquired
 
73,731

Less fair value of liabilities acquired
 
(668
)
Net cash paid
 
$
73,063

The amount of net sales and net loss from CTG-AM in the quarter ended March 31, 2016 that have been included in the Condensed Consolidated Statement of Earnings are as follows:
 
 
For the period
March 11, 2016
through
March 31, 2016
Net sales
 
$
758

Net earnings
 
$
(64
)
Schedule of Finite-Lived Intangible Assets Acquired
The following table summarizes the carrying amounts and weighted average lives of the acquired intangible assets:
Intangible Asset Type
Fair Value
 
Weighted Average Amortization Period (in years)
Developed Technology
$
23,730

 
15.0
Customer Relationships and Contracts
11,502

 
14.6
Other
195

 
0.8
Total
$
35,427

 
14.8