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Goodwill and Other Intangible Assets, Net
9 Months Ended
Sep. 30, 2022
Intangible Assets, Net (Including Goodwill) [Abstract]  
Goodwill and Other Intangible Assets, Net GOODWILL AND OTHER INTANGIBLE ASSETS, NET
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(1)
162,390 — — 162,390 
Impairments— — — — 
Foreign currency translation(12,337)— — (12,337)
Ending balance at September 30, 2022
$349,359 $41,375 $— $390,734 
Accumulated impairment at end of period$— $— $(66,559)$(66,559)
(1) The additions to goodwill in the nine-month fiscal period ended September 30, 2022 were attributable to the acquisition of Aircraft Wheel and Brake. Refer to Note 4, Business Combinations and Investments, for further information on this acquisition.

In accordance with ASC 350 - Intangibles - Goodwill and Other ("ASC 350"), the Company evaluates goodwill for possible impairment on at least an annual basis. The Company is currently in the process of updating its long-term forecast, which it will use to complete its annual evaluation during the fourth quarter. Management has determined that the Company will perform a quantitative assessment, rather than a qualitative assessment, for the KPP-Orlando reporting unit, a division of the Precision Products segment which manufactures and produces the JPF. The quantitative assessment could result in the determination that there has been an impairment of some or all of the goodwill associated with this reporting unit. The goodwill associated with the KPP-Orlando reporting unit is $41.4 million.

Other Intangible Assets

Other intangible assets consisted of:
At September 30,At December 31,
20222021
Amortization
Period
Gross
Amount
Accumulated
Amortization
Gross
Amount
Accumulated
Amortization
In thousands     
Customer lists / relationships
6-38 years
$368,554 $(37,818)$127,206 $(35,096)
Developed technologies
7-20 years
44,357 (16,113)45,170 (13,591)
Trademarks / trade names
15-40 years
16,284 (2,818)16,982 (2,659)
Non-compete agreements and other
1-15 years
17,813 (4,833)4,629 (4,617)
Patents
17 years
533 (481)523 (473)
Total intangible assets $447,541 $(62,063)$194,510 $(56,436)
The increase in other intangible assets, net was primarily attributable to the acquisition of Aircraft Wheel and Brake. Refer to Note 4, Business Combinations and Investments, for further information on this acquisition