Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the three months ended March 31, 2013, by reportable business segment, were as follows:

(In thousands)	Fluid & Metering Technologies			Health & Science Technologies			Fire &  Safety/ Diversified Products			Total
Balance at December 31, 2012	$	524,325		$	553,204		$	244,198		$	1,321,727
Foreign currency translation		(3,362	)		(5,854	)		(4,656	)		(13,872	)
Acquisitions		—			18,084			—			18,084
Balance at March 31, 2013	$	520,963		$	565,434		$	239,542		$	1,325,939

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, 2013 and December 31, 2012:

	At March 31, 2013									At December 31, 2012
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted Average Life		Gross Carrying Amount		Accumulated Amortization			Net
	(In thousands)									(In thousands)
Amortized intangible assets:
Patents	$	10,526	$	(4,361	)	$	6,165		11	$	10,650	$	(4,273	)	$	6,377
Trade names		102,907		(22,999	)		79,908		16		103,113		(21,603	)		81,510
Customer relationships		237,937		(98,582	)		139,355		10		230,196		(93,273	)		136,923
Non-compete agreements		3,697		(2,965	)		732		3		3,505		(2,827	)		678
Unpatented technology		74,291		(25,967	)		48,324		11		74,758		(24,211	)		50,547
Other		6,832		(3,775	)		3,057		10		6,841		(3,604	)		3,237
Total amortized intangible assets		436,190		(158,649	)		277,541				429,063		(149,791	)		279,272
Unamortized intangible asset:
Banjo trade name		62,100		—			62,100				62,100		—			62,100
Total intangible assets	$	498,290	$	(158,649	)	$	339,641			$	491,163	$	(149,791	)	$	341,372