Goodwill and Other Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Movements in Goodwill

Movements in goodwill during 2017 were as follows:

(DOLLARS IN THOUSANDS)	Goodwill
Balance at December 31, 2016	$	1,000,123
Acquisitions	93,223
Foreign exchange	15,782
Other	36,037
Balance at June 30, 2017	$	1,145,165

Schedule of Other Intangible Assets, Net

Other intangible assets, net consist of the following amounts:

	June 30,			December 31,
(DOLLARS IN THOUSANDS)	2017			2016
Cost
Customer relationships	$	407,612		$	371,270
Trade names & patents	37,817			30,679
Technological know-how	153,090			119,544
Other	24,692			24,470
Total carrying value	623,211			545,963
Accumulated Amortization
Customer relationships	(93,289		)	(82,555		)
Trade names & patents	(13,625		)	(12,198		)
Technological know-how	(71,404		)	(68,292		)
Other	(18,829		)	(17,135		)
Total accumulated amortization	(197,147		)	(180,180		)
Other intangible assets, net	$	426,064		$	365,783