Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2016

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, 2016, by reportable business segment, were as follows:

	Fluid & Metering Technologies		Health & Science Technologies		Fire & Safety/ Diversified Products		Total
Balance at December 31, 2015	$	584,770	$	590,605	$	221,154	$	1,396,529
Foreign currency translation and other	4,990		877		3,402		9,269
Acquisitions	—		—		119,131		119,131
Balance at March 31, 2016	$	589,760	$	591,482	$	343,687	$	1,524,929

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, 2016 and December 31, 2015:

	At March 31, 2016								At December 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted Average Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortized intangible assets:
Patents	$	10,255	$	(6,403	)	$	3,852	11	$	10,202	$	(6,175	)	$	4,027
Trade names	114,090		(40,664		)	73,426		16	110,658		(38,696		)	71,962
Customer relationships	302,795		(151,765		)	151,030		11	257,071		(144,134		)	112,937
Non-compete agreements	—		—			—		3	794		(775		)	19
Unpatented technology	92,102		(45,332		)	46,770		10	78,562		(42,745		)	35,817
Other	6,549		(5,741		)	808		10	6,554		(5,579		)	975
Total amortized intangible assets	525,791		(249,905		)	275,886			463,841		(238,104		)	225,737
Indefinite lived intangible assets:
Banjo trade name	62,100		—			62,100			62,100		—			62,100
Akron Brass trade name	32,800		—			32,800			—		—			—
Total intangible assets	$	620,691	$	(249,905	)	$	370,786		$	525,941	$	(238,104	)	$	287,837