Acquisitions and Divestitures (Tables)

9 Months Ended

Sep. 30, 2019

Business Combinations and Dispositions [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The preliminary allocation of the acquisition costs to the assets acquired and liabilities assumed, based on their estimated fair values at the acquisition date, is as follows:

(In thousands)	Total
Current assets, net of cash acquired	$	19,047
Property, plant and equipment	3,251
Goodwill	97,352
Intangible assets	47,501
Other noncurrent assets	791
Total assets acquired	167,942
Current liabilities	(6,074		)
Long-term borrowings	(51,130		)
Deferred income taxes	(23,103		)
Other noncurrent liabilities	(455		)
Net assets acquired	$	87,180

Schedule of Finite-Lived Intangible Assets Acquired

The acquired intangible assets and weighted average amortization periods are as follows:

(In thousands, except weighted average life)	Total		Weighted Average Life
Trade names	$	6,411	15
Customer relationships	34,673		12
Unpatented technology	6,417		9
Acquired intangible assets	$	47,501