XML 50 R36.htm IDEA: XBRL DOCUMENT v3.22.2
Goodwill and Other Intangible Assets, Net (Tables)
6 Months Ended
Jul. 01, 2022
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:
Engineered ProductsPrecision ProductsStructuresTotal
In thousands 
Gross balance at December 31, 2021$199,306 $41,375 $66,559 $307,240 
Accumulated impairment— — (66,559)(66,559)
Net balance at December 31, 2021199,306 41,375 — 240,681 
Additions— — — — 
Impairments— — — — 
Foreign currency translation(7,546)— — (7,546)
Ending balance at July 1, 2022
$191,760 $41,375 $— $233,135 
Accumulated impairment at end of period$— $— $(66,559)$(66,559)
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Other intangible assets consisted of:
At July 1,At December 31,
20222021
Amortization
Period
Gross
Amount
Accumulated
Amortization
Gross
Amount
Accumulated
Amortization
In thousands     
Customer lists / relationships
6-38 years
$125,278 $(36,831)$127,206 $(35,096)
Developed technologies
7-20 years
44,449 (15,313)45,170 (13,591)
Trademarks / trade names
15-40 years
16,555 (2,790)16,982 (2,659)
Non-compete agreements and other
1-15 years
4,497 (4,486)4,629 (4,617)
Patents
17 years
523 (479)523 (473)
Total $191,302 $(59,899)$194,510 $(56,436)
The changes in the gross amounts of the Company's other intangible assets were primarily due to changes in foreign currency exchange rates.