Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2014

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, 2014, by reportable business segment, were as follows:

	Fluid & Metering Technologies			Health & Science Technologies		Fire & Safety/ Diversified Products			Total
Balance at December 31, 2013	$	528,044		$	571,675	$	249,737		$	1,349,456
Foreign currency translation	(105		)	618		(43		)	470
Balance at March 31, 2014	$	527,939		$	572,293	$	249,694		$	1,349,926

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, 2014 and December 31, 2013:

	At March 31, 2014								At December 31, 2013
	Gross Carrying Amount		Accumulated Amortization			Net		Weighted Average Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortized intangible assets:
Patents	$	9,955	$	(4,658	)	$	5,297	11	$	10,673	$	(5,179	)	$	5,494
Trade names	104,606		(29,939		)	74,667		16	104,582		(28,310		)	76,272
Customer relationships	242,933		(127,878		)	115,055		10	242,674		(121,092		)	121,582
Non-compete agreements	3,175		(2,744		)	431		3	3,769		(3,272		)	497
Unpatented technology	75,489		(34,853		)	40,636		11	75,528		(32,905		)	42,623
Other	6,999		(4,475		)	2,524		10	6,958		(4,299		)	2,659
Total amortized intangible assets	443,157		(204,547		)	238,610			444,184		(195,057		)	249,127
Unamortized intangible assets:
Banjo trade name	62,100		—			62,100			62,100		—			62,100
Total intangible assets	$	505,257	$	(204,547	)	$	300,710		$	506,284	$	(195,057	)	$	311,227