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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2018
Goodwill [Line Items]  
Goodwill
The changes in the carrying value of goodwill by reportable operating segments were as follows:
 
Engineered Systems
 
Fluids
 
Refrigeration & Food Equipment
 
Total
Balance at December 31, 2017
$
1,645,389

 
$
1,504,284

 
$
536,699

 
$
3,686,372

Reallocation due to Apergy separation
3,546

 

 

 
3,546

Acquisitions

 
36,493

 
10,402

 
46,895

Purchase price adjustments
328

 

 

 
328

Foreign currency translation
(6,483
)
 
(10,627
)
 
(433
)
 
(17,543
)
Balance at September 30, 2018
$
1,642,780

 
$
1,530,150

 
$
546,668

 
$
3,719,598

Schedule of Intangible Assets
The Company’s definite-lived and indefinite-lived intangible assets by major asset class were as follows:
 
September 30, 2018
 
December 31, 2017
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying Amount
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying Amount
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Customer intangibles
$
1,416,686

 
$
628,959

 
$
787,727

 
$
1,405,361

 
$
559,447

 
$
845,914

Trademarks
217,289

 
69,224

 
148,065

 
217,621

 
58,523

 
159,098

Patents
145,357

 
127,590

 
17,767

 
145,577

 
123,135

 
22,442

Unpatented technologies
157,394

 
82,670

 
74,724

 
152,913

 
71,284

 
81,629

Distributor relationships
85,202

 
36,874

 
48,328

 
85,794

 
32,092

 
53,702

Drawings & manuals
32,832

 
23,175

 
9,657

 
32,739

 
20,767

 
11,972

Other
28,346

 
15,534

 
12,812

 
23,095

 
12,028

 
11,067

Total
2,083,106

 
984,026

 
1,099,080

 
2,063,100

 
877,276

 
1,185,824

Unamortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Trademarks
96,770

 

 
96,770

 
96,800

 

 
96,800

Total intangible assets, net
$
2,179,876

 
$
984,026

 
$
1,195,850

 
$
2,159,900

 
$
877,276

 
$
1,282,624