Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2017

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, 2017, by reportable business segment, were as follows:

	Fluid & Metering Technologies		Health & Science Technologies			Fire & Safety/ Diversified Products		Total
Balance at December 31, 2016	$	573,437	$	699,299		$	359,856	$	1,632,592
Foreign currency translation	14,295		19,117			16,185		49,597
Acquisition adjustments	—		(2,421		)	—		(2,421		)
Balance at September 30, 2017	$	587,732	$	715,995		$	376,041	$	1,679,768

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 assets at September 30, 2017 and December 31, 2016:

	At September 30, 2017								At December 31, 2016
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted Average Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortized intangible assets:
Patents	$	9,675	$	(7,008	)	$	2,667	11	$	9,856	$	(6,635	)	$	3,221
Trade names	117,585		(49,474		)	68,111		16	113,428		(42,653		)	70,775
Customer relationships	309,693		(115,313		)	194,380		13	369,087		(161,065		)	208,022
Unpatented technology	88,065		(29,559		)	58,506		13	106,747		(44,516		)	62,231
Other	839		(550		)	289		10	6,527		(6,172		)	355
Total amortized intangible assets	525,857		(201,904		)	323,953			605,645		(261,041		)	344,604
Indefinite lived intangible assets:
Banjo trade name	62,100		—			62,100			62,100		—			62,100
Akron Brass trade name	28,800		—			28,800			28,800		—			28,800
Total intangible assets	$	616,757	$	(201,904	)	$	414,853		$	696,545	$	(261,041	)	$	435,504