Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the three months ended March 31, 2020, by reportable business segment, were as follows:

	FMT			HST			FSDP			IDEX
Goodwill	$	599,646		$	981,592		$	399,138		$	1,980,376
Accumulated goodwill impairment losses	(20,721		)	(149,820		)	(30,090		)	(200,631		)
Balance at December 31, 2019	578,925			831,772			369,048			1,779,745
Foreign currency translation	(1,643		)	(8,856		)	(2,278		)	(12,777		)
Acquisitions	63,374			—			—			63,374
Acquisition adjustments	—			1,631			—			1,631
Balance at March 31, 2020	$	640,656		$	824,547		$	366,770		$	1,831,973

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 March 31, 2020 and December 31, 2019:

	At March 31, 2020								At December 31, 2019
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted Average Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortized intangible assets:
Patents	$	6,735	$	(5,428	)	$	1,307	11	$	6,678	$	(5,276	)	$	1,402
Trade names	127,840		(66,305		)	61,535		16	123,062		(64,938		)	58,124
Customer relationships	302,284		(101,098		)	201,186		13	275,575		(96,252		)	179,323
Unpatented technology	116,387		(45,215		)	71,172		13	101,721		(43,561		)	58,160
Other	700		(595		)	105		10	700		(578		)	122
Total amortized intangible assets	553,946		(218,641		)	335,305			507,736		(210,605		)	297,131
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	$	644,846	$	(218,641	)	$	426,205		$	598,636	$	(210,605	)	$	388,031