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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2012
Schedule Of Changes In The Carrying Amount Of Goodwill

The changes in the carrying amount of goodwill for the six months ended June 30, 2012, by reportable business segment, were as follows:

 

     Fluid &
Metering
Technologies
    Health &
Science
Technologies
     Fire &  Safety/
Diversified
Products
    Total  

Balance at December 31, 2011(1)

   $ 541,640      $ 648,906       $ 240,820      $ 1,431,366   

Acquisition adjustments

            1,424                1,424   

Foreign currency translation

     (3,527     120         (4,263     (7,670

Acquisition

            25,849                25,849   
  

 

 

   

 

 

    

 

 

   

 

 

 

Balance at June 30, 2012

   $ 538,113      $ 676,299       $ 236,557      $ 1,450,969   
  

 

 

   

 

 

    

 

 

   

 

 

 

 

(1)

Revised to reflect the movement of the Dispensing Equipment segment to the Fire & Safety/Diversified Products segment and the transfer of $20.6 million of goodwill related to the movement of our Trebor business unit within the Health & Science Technologies segment to the Fluid & Metering Technologies segment.

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 June 30, 2012 and December 31, 2011:

 

    At June 30, 2012           At December 31, 2011  
    Gross
Carrying
Amount
    Accumulated
Amortization
    Net     Weighted
Average
Life
    Gross
Carrying
Amount
    Accumulated
Amortization
    Net  
    (In thousands)                          

Amortized intangible assets:

             

Patents

  $ 10,475      $ (3,726   $ 6,749        11      $ 11,506      $ (4,315   $ 7,191   

Trade names

    75,981        (22,850     53,131        17        72,823        (18,205     54,618   

Customer relationships

    227,168        (81,355     145,813        10        221,076        (69,280     151,796   

Non-compete agreements

    3,196        (2,708     488        2        4,801        (4,053     748   

Unpatented technology

    72,532        (19,670     52,862        11        70,741        (15,617     55,124   

Other

    6,612        (3,288     3,324        10        6,793        (3,156     3,637   
 

 

 

   

 

 

   

 

 

     

 

 

   

 

 

   

 

 

 

Total amortized intangible assets

    395,964        (133,597     262,367          387,740        (114,626     273,114   

Unamortized intangible assets:

             

Banjo trade name

    62,100               62,100          62,100               62,100   

CVI and Melles Griot trade names

    47,008               47,008          47,008               47,008   
 

 

 

   

 

 

   

 

 

     

 

 

   

 

 

   

 

 

 

Total intangible assets

  $ 505,072      $ (133,597   $ 371,475        $ 496,848      $ (114,626   $ 382,222