Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the three months ended March 31, 2015, by reportable business segment, were as follows:

	Fluid & Metering Technologies			Health & Science Technologies			Fire & Safety/ Diversified Products			Total
Balance at December 31, 2014	$	524,149		$	563,465		$	233,663		$	1,321,277
Foreign currency translation	(9,388		)	(5,209		)	(12,912		)	(27,509		)
Balance at March 31, 2015	$	514,761		$	558,256		$	220,751		$	1,293,768

Schedule of Gross Carrying Value and Accumulated Amortization For Each Major Class of Intangible Asset

The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset at March 31, 2015 and December 31, 2014:

	At March 31, 2015								At December 31, 2014
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted Average Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortized intangible assets:
Patents	$	10,062	$	(5,541	)	$	4,521	11	$	10,016	$	(5,313	)	$	4,703
Trade names	102,228		(33,778		)	68,450		16	104,118		(32,881		)	71,237
Customer relationships	213,427		(124,939		)	88,488		11	222,486		(126,193		)	96,293
Non-compete agreements	793		(661		)	132		3	840		(636		)	204
Unpatented technology	68,309		(36,392		)	31,917		11	69,760		(35,165		)	34,595
Other	7,027		(5,176		)	1,851		10	7,034		(5,002		)	2,032
Total amortized intangible assets	401,846		(206,487		)	195,359			414,254		(205,190		)	209,064
Unamortized intangible assets:
Banjo trade name	62,100		—			62,100			62,100		—			62,100
Total intangible assets	$	463,946	$	(206,487	)	$	257,459		$	476,354	$	(205,190	)	$	271,164