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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The carrying amounts of the Company’s intangible assets are as follows:
(In millions)
 
June 30, 2019
 
December 31, 2018
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortizing intangibles:
 
 

 
 

 
 

 
 

Patents
 
$
7.5

 
$
(7.0
)
 
$
7.5

 
$
(6.9
)
Technology
 
7.5

 
(6.6
)
 
7.5

 
(6.4
)
Customer relationships
 
151.0

 
(67.6
)
 
151.0

 
(63.8
)
Other
 
2.8

 
(2.7
)
 
2.8

 
(2.5
)
Total
 
$
168.8

 
$
(83.9
)
 
$
168.8

 
$
(79.6
)
Unamortizing intangibles:
 
 
 
 
 
 
 
 
Trade names
 
45.8

 

 
45.9

 

Total intangibles
 
$
214.6

 
$
(83.9
)
 
$
214.7

 
$
(79.6
)

Schedule of Indefinite-Lived Intangible Assets
The carrying amounts of the Company’s intangible assets are as follows:
(In millions)
 
June 30, 2019
 
December 31, 2018
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortizing intangibles:
 
 

 
 

 
 

 
 

Patents
 
$
7.5

 
$
(7.0
)
 
$
7.5

 
$
(6.9
)
Technology
 
7.5

 
(6.6
)
 
7.5

 
(6.4
)
Customer relationships
 
151.0

 
(67.6
)
 
151.0

 
(63.8
)
Other
 
2.8

 
(2.7
)
 
2.8

 
(2.5
)
Total
 
$
168.8

 
$
(83.9
)
 
$
168.8

 
$
(79.6
)
Unamortizing intangibles:
 
 
 
 
 
 
 
 
Trade names
 
45.8

 

 
45.9

 

Total intangibles
 
$
214.6

 
$
(83.9
)
 
$
214.7

 
$
(79.6
)

Schedule of Amortization Expense

Amortization expense for each of the five succeeding years is projected as follows:
(In millions)
 
2019
 
2020
 
2021
 
2022
 
2023
 
 
$
9.2

 
$
9.1

 
$
8.7

 
$
8.5

 
$
8.4


Schedule of Change in the Carrying Amount of Goodwill by Reporting Segment
The change in the carrying amount of goodwill by reportable segment for the six months ended June 30, 2019, is as follows:
(In millions)
 
 
 
 
Water Systems
 
Fueling Systems
 
Distribution
 
Consolidated
Balance as of December 31, 2018
 
$
145.5

 
$
67.5

 
$
35.7

 
$
248.7

Acquisitions
 

 

 
1.7

 
1.7

Foreign currency translation
 
(0.3
)
 
0.1

 

 
(0.2
)
Balance as of June 30, 2019
 
$
145.2

 
$
67.6

 
$
37.4

 
$
250.2