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Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for 2016 and 2015, by reportable business segment, were as follows:
 
 
Fluid &
Metering
Technologies
 
Health &
Science
Technologies
 
Fire & Safety/
Diversified
Products
 
Total
 
(In thousands)
Goodwill
$
544,870

 
$
713,285

 
$
263,753

 
$
1,521,908

Accumulated goodwill impairment losses
(20,721
)
 
(149,820
)
 
(30,090
)
 
(200,631
)
Balance at January 1, 2015
524,149

 
563,465

 
233,663

 
1,321,277

Foreign currency translation
(11,318
)
 
(6,155
)
 
(12,509
)
 
(29,982
)
Acquisitions
71,939

 
43,508

 
—

 
115,447

Disposition of businesses
—

 
(10,213
)
 
—

 
(10,213
)
Balance at December 31, 2015
584,770

 
590,605

 
221,154

 
1,396,529

Foreign currency translation
(5,951
)
 
(23,559
)
 
(7,972
)
 
(37,482
)
Acquisitions
—

 
143,719

 
146,674

 
290,393

Disposition of businesses
(3,759
)
 
(12,013
)
 
—

 
(15,772
)
Acquisition adjustments
(1,623
)
 
547

 
—

 
(1,076
)
Balance at December 31, 2016
$
573,437

 
$
699,299

 
$
359,856

 
$
1,632,592

 
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 December 31, 2016 and 2015:
 
 
At December 31, 2016
 
 
 
At December 31, 2015
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Weighted
Average
Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
 
 
(In thousands)
 
 
 
 
 
 
 
(In thousands)
 
 
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Patents
$
9,856

 
$
(6,635
)
 
$
3,221

 
11
 
$
10,202

 
$
(6,175
)
 
$
4,027

Trade names
113,428

 
(42,653
)
 
70,775

 
16
 
110,658

 
(38,696
)
 
71,962

Customer relationships
369,087

 
(161,065
)
 
208,022

 
12
 
257,071

 
(144,134
)
 
112,937

Non-compete agreements
—

 
—

 
—

 
3
 
794

 
(775
)
 
19

Unpatented technology
106,747

 
(44,516
)
 
62,231

 
12
 
78,562

 
(42,745
)
 
35,817

Other
6,527

 
(6,172
)
 
355

 
10
 
6,554

 
(5,579
)
 
975

Total amortized intangible assets
605,645

 
(261,041
)
 
344,604

 
 
 
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
$
696,545

 
$
(261,041
)
 
$
435,504

 
 
 
$
525,941

 
$
(238,104
)
 
$
287,837