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Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for 2017 and 2016, by reportable business segment, were as follows:
 
 
Fluid &
Metering
Technologies
 
Health &
Science
Technologies
 
Fire & Safety/
Diversified
Products
 
Total
 
(In thousands)
Goodwill
$
605,491

 
$
740,425

 
$
251,244

 
$
1,597,160

Accumulated goodwill impairment losses
(20,721
)
 
(149,820
)
 
(30,090
)
 
(200,631
)
Balance at January 1, 2016
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

Foreign currency translation
15,748

 
19,225

 
18,206

 
53,179

Acquisitions
—

 
23,929

 
—

 
23,929

Disposition of business
(3,121
)
 
—

 
—

 
(3,121
)
Acquisition adjustments
—

 
(2,421
)
 
—

 
(2,421
)
Balance at December 31, 2017
$
586,064

 
$
740,032

 
$
378,062

 
$
1,704,158
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, 2017 and 2016:
 
 
At December 31, 2017
 
 
 
At December 31, 2016
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Weighted
Average
Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
 
 
(In thousands)
 
 
 
 
 
 
 
(In thousands)
 
 
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Patents
$
9,633

 
$
(7,143
)
 
$
2,490

 
11
 
$
9,856

 
$
(6,635
)
 
$
3,221

Trade names
117,206

 
(50,604
)
 
66,602

 
16
 
113,428

 
(42,653
)
 
70,775

Customer relationships
317,316

 
(124,566
)
 
192,750

 
13
 
369,087

 
(161,065
)
 
208,022

Unpatented technology
91,166

 
(29,428
)
 
61,738

 
13
 
106,747

 
(44,516
)
 
62,231

Other
839

 
(573
)
 
266

 
10
 
6,527

 
(6,172
)
 
355

Total amortized intangible assets
536,160

 
(212,314
)
 
323,846

 
 
 
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
$
627,060

 
$
(212,314
)
 
$
414,746

 
 
 
$
696,545

 
$
(261,041
)
 
$
435,504