XML 41 R30.htm IDEA: XBRL DOCUMENT v3.5.0.2
Goodwill and Other Intangible Assets, Net (Tables)
 9 Months Ended
Sep. 30, 2016
Intangible Assets, Net (Including Goodwill) [Abstract]  
Schedule of Goodwill
The following table sets forth the change in the carrying amount of goodwill for each reportable segment and for the Company:
 
 
Distribution
 
Aerospace
 
Total
In thousands
 
 
 
 
 
 
Gross balance at December 31, 2015
 
$
149,204

 
$
219,758

 
$
368,962

Accumulated impairment
 
—

 
(16,252
)
 
(16,252
)
Net balance at December 31, 2015
 
149,204

 
203,506

 
352,710

Additions
 
—

 
2,138

 
2,138

Impairments
 
—

 
—

 
—

Foreign currency translation
 
—

 
(110
)
 
(110
)
Purchase price adjustment1
 
—

 
(6,495
)
 
(6,495
)
Ending balance at September 30, 2016
 
$
149,204

 
$
199,039

 
$
348,243


1Adjustment to goodwill reflects the finalization of certain tax matters related to the Company's acquisition of GRW.

Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Other intangible assets consisted of:
 
 
 
 
At September 30,
 
At December 31,
 
 
 
 
2016
 
2015
 
 
Amortization
Period
 
Gross
Amount
 
Accumulated
Amortization
 
Gross
Amount
 
Accumulated
Amortization
In thousands
 
 
 
 
 
 
 
 
 
 
Customer lists / relationships
 
6-26 years
 
$
157,131

 
$
(49,322
)
 
$
158,831

 
$
(41,445
)
Developed technologies
 
10-20 years
 
19,565

 
(1,121
)
 
19,055

 
(154
)
Trademarks / trade names
 
3-15 years
 
8,650

 
(3,098
)
 
8,478

 
(2,556
)
Non-compete agreements and other
 
1-9 years
 
8,216

 
(7,193
)
 
8,453

 
(6,006
)
Patents
 
17 years
 
523

 
(423
)
 
523

 
(416
)
Total
 
 
 
$
194,085

 
$
(61,157
)
 
$
195,340

 
$
(50,577
)