XML 55 R35.htm IDEA: XBRL DOCUMENT v3.20.4
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for 2020 and 2019, by reportable business segment, were as follows:

FMTHSTFSDPTotal
(In thousands)
Goodwill$601,762 $895,177 $401,647 $1,898,586 
Accumulated goodwill impairment losses(20,721)(149,820)(30,090)(200,631)
Balance at January 1, 2019581,041 745,357 371,557 1,697,955 
Foreign currency translation(2,116)476 (2,509)(4,149)
Acquisitions— 85,939 — 85,939 
Balance at December 31, 2019578,925 831,772 369,048 1,779,745 
Foreign currency translation10,365 29,058 13,125 52,548 
Acquisitions60,431 — 1,052 61,483 
Acquisition adjustments— 1,798 — 1,798 
Balance at December 31, 2020$649,721 $862,628 $383,225 $1,895,574 
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, 2020 and 2019:

 At December 31, 2020 At December 31, 2019
 Gross
Carrying
Amount		Accumulated
Amortization		NetWeighted
Average
Life		Gross
Carrying
Amount		Accumulated
Amortization		Net
  (In thousands)   (In thousands) 
Amortized intangible assets:
Patents$3,030 $(1,740)$1,290 10$6,678 $(5,276)$1,402 
Trade names130,793 (72,685)58,108 16123,062 (64,938)58,124 
Customer relationships318,350 (120,294)198,056 13275,575 (96,252)179,323 
Unpatented technology122,287 (55,131)67,156 13101,721 (43,561)58,160 
Other700 (647)53 10700 (578)122 
Total amortized intangible assets575,160 (250,497)324,663 507,736 (210,605)297,131 
Indefinite-lived intangible assets:
Banjo trade name62,100 — 62,100 62,100 — 62,100 
Akron Brass trade name28,800 — 28,800 28,800 — 28,800 
Total intangible assets$666,060 $(250,497)$415,563 $598,636 $(210,605)$388,031