Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 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 nine months ended September 30, 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	3,151			(4,820		)	1,638		(31		)
Acquisitions	—			132,381			147,823		280,204
Disposition of businesses	(3,594		)	(9,140		)	—		(12,734		)
Acquisition adjustments	(1,623		)	547			—		(1,076		)
Balance at September 30, 2016	$	582,704		$	709,573		$	370,615	$	1,662,892

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 assets at September 30, 2016 and December 31, 2015:

	At September 30, 2016								At December 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted Average Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortized intangible assets:
Patents	$	10,180	$	(6,772	)	$	3,408	11	$	10,202	$	(6,175	)	$	4,027
Trade names	118,983		(42,190		)	76,793		16	110,658		(38,696		)	71,962
Customer relationships	384,141		(162,524		)	221,617		12	257,071		(144,134		)	112,937
Non-compete agreements	—		—			—		3	794		(775		)	19
Unpatented technology	117,455		(48,281		)	69,174		11	78,562		(42,745		)	35,817
Other	6,599		(6,061		)	538		10	6,554		(5,579		)	975
Total amortized intangible assets	637,358		(265,828		)	371,530			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	28,800		—			28,800			—		—			—
Total intangible assets	$	728,258	$	(265,828	)	$	462,430		$	525,941	$	(238,104	)	$	287,837