Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in the Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for 2019 and 2018, by reportable business segment, were as follows:

	Fluid & Metering Technologies			Health & Science Technologies			Fire & Safety/ Diversified Products			Total
	(In thousands)
Goodwill	$	606,785		$	889,852		$	408,152		$	1,904,789
Accumulated goodwill impairment losses	(20,721		)	(149,820		)	(30,090		)	(200,631		)
Balance at January 1, 2018	586,064			740,032			378,062			1,704,158
Foreign currency translation	(5,023		)	(8,391		)	(6,505		)	(19,919		)
Acquisitions	—			12,399			—			12,399
Acquisition adjustments	—			1,317			—			1,317
Balance at December 31, 2018	581,041			745,357			371,557			1,697,955
Foreign currency translation	(2,116		)	476			(2,509		)	(4,149		)
Acquisitions	—			85,939			—			85,939
Balance at December 31, 2019	$	578,925		$	831,772		$	369,048		$	1,779,745

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, 2019 and 2018:

	At December 31, 2019								At December 31, 2018
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted Average Life	Gross Carrying Amount		Accumulated Amortization			Net
			(In thousands)								(In thousands)
Amortized intangible assets:
Patents	$	6,678	$	(5,276	)	$	1,402	12	$	6,468	$	(4,693	)	$	1,775
Trade names	123,062		(64,938		)	58,124		16	115,899		(57,227		)	58,672
Customer relationships	275,575		(96,252		)	179,323		14	256,202		(85,652		)	170,550
Unpatented technology	101,721		(43,561		)	58,160		12	96,922		(35,685		)	61,237
Other	700		(578		)	122		10	700		(507		)	193
Total amortized intangible assets	507,736		(210,605		)	297,131			476,191		(183,764		)	292,427
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	$	598,636	$	(210,605	)	$	388,031		$	567,091	$	(183,764	)	$	383,327