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

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

 

(In thousands)    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

     981         4,548         217         5,746   

Acquisition

             52,285                 52,285   
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance at September 30, 2012

   $ 542,621       $ 707,163       $ 241,037       $ 1,490,821   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(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 September 30, 2012 and December 31, 2011:

 

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

Amortized intangible assets:

             

Patents

  $ 10,478      $ (4,002   $ 6,476        11      $ 11,506      $ (4,315   $ 7,191   

Trade names

    82,585        (21,839     60,746        16        72,823        (18,205     54,618   

Customer relationships

    233,551        (88,701     144,850        10        221,076        (69,280     151,796   

Non-compete agreements

    3,560        (2,734     826        3        4,801        (4,053     748   

Unpatented technology

    75,492        (22,248     53,244        11        70,741        (15,617     55,124   

Other

    6,871        (3,461     3,410        10        6,793        (3,156     3,637   
 

 

 

   

 

 

   

 

 

     

 

 

   

 

 

   

 

 

 

Total amortized intangible assets

    412,537        (142,985     269,552          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

  $ 521,645      $ (142,985   $ 378,660        $ 496,848      $ (114,626   $ 382,222