XML 39 R28.htm IDEA: XBRL DOCUMENT v3.4.0.3
Acquisitions and Divestitures (Tables)
3 Months Ended
Mar. 31, 2016
Business Combinations and Dispositions [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The preliminary allocation of the acquisition costs to the assets acquired and liabilities assumed, based on their estimated fair values, is as follows:
 
 
Total
Current assets, net of cash acquired
 
$
51,887

Property, plant and equipment
 
10,332

Goodwill
 
119,131

Intangible assets
 
92,100

Total assets acquired
 
273,450

Current liabilities
 
(6,531
)
Deferred income taxes
 
(39,114
)
Other noncurrent liabilities
 
(6,249
)
Net assets acquired
 
$
221,556

Schedule of Finite-Lived Intangible Assets
The acquired intangible assets and weighted average amortization periods are as follows:
 
Total
 
Weighted Average Life
Trade names
$
2,900

 
15
Customer relationships
43,500

 
14
Unpatented technology
12,900

 
9
Amortized intangible assets
$
59,300

 
 
Indefinite lived - Akron Brass trade name
32,800

 
 
Total acquired intangible assets
$
92,100