Goodwill and Other Intangible Assets, Net (Tables)

9 Months Ended

Sep. 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	21,784
Other	38,489
Balance at September 30, 2017	$	1,153,619

Schedule of Other Intangible Assets, Net

Other intangible assets, net consist of the following amounts:

	September 30,			December 31,
(DOLLARS IN THOUSANDS)	2017			2016
Cost
Customer relationships	$	414,045		$	371,270
Trade names & patents	38,503			30,679
Technological know-how	153,410			119,544
Other	24,777			24,470
Total carrying value	630,735			545,963
Accumulated Amortization
Customer relationships	(99,300		)	(82,555		)
Trade names & patents	(14,436		)	(12,198		)
Technological know-how	(73,289		)	(68,292		)
Other	(19,572		)	(17,135		)
Total accumulated amortization	(206,597		)	(180,180		)
Other intangible assets, net	$	424,138		$	365,783