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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill for the six months ended June 30, 2012 are summarized as follows:
 
Packaging
 
Energy
 
Aerospace & Defense
 
Engineered Components
 
Cequent Asia Pacific
 
Cequent North America
 
Total
 
(dollars in thousands)
Balance, December 31, 2011
$
122,330

 
$
48,720

 
$
41,130

 
$
3,180

 
$

 
$

 
$
215,360

 Goodwill from acquisitions
34,600

 

 

 

 

 

 
34,600

 Foreign currency translation
(280
)
 
(10
)
 

 

 

 

 
(290
)
Balance, June 30, 2012
$
156,650

 
$
48,710

 
$
41,130

 
$
3,180

 
$

 
$

 
$
249,670

Schedule of Intangible Assets (excluding Goodwill) by Major Class
The gross carrying amounts and accumulated amortization of the Company's other intangibles as of June 30, 2012 and December 31, 2011 are summarized below. The Company amortizes these assets over periods ranging from 1 to 30 years.
 
 
As of June 30, 2012
 
As of December 31, 2011
Intangible Category by Useful Life
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
 
 
(dollars in thousands)
Finite-lived intangible assets:
 

 

 

 

   Customer relationships, 5 – 12 years
 
$
71,380

 
$
(26,150
)
 
$
37,400

 
$
(23,410
)
   Customer relationships, 15 – 25 years
 
154,610

 
(81,850
)
 
154,610

 
(77,730
)
Total customer relationships
 
225,990

 
(108,000
)
 
192,010

 
(101,140
)
   Technology and other, 1 – 15 years
 
36,740

 
(24,810
)
 
29,360

 
(23,710
)
   Technology and other, 17 – 30 years
 
43,740

 
(21,960
)
 
43,640

 
(20,860
)
Total technology and other
 
80,480

 
(46,770
)
 
73,000

 
(44,570
)
Indefinite-lived intangible assets:
 

 

 

 

 Trademark/Trade names
 
44,870

 

 
36,370

 

Total other intangible assets
 
$
351,340

 
$
(154,770
)
 
$
301,380

 
$
(145,710
)
Schedule of Finite-Lived Intangible Assets, Amortization Expense
Amortization expense related to intangible assets as included in the accompanying consolidated statement of operations is summarized as follows:
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2012
 
2011
 
2012
 
2011
 
 
(dollars in thousands)
Technology and other, included in cost of sales
 
$
1,270

 
$
830

 
$
2,340

 
$
1,640

Customer relationships, included in selling, general and administrative expenses
 
3,710

 
2,700

 
6,840

 
5,400

Total amortization expense
 
$
4,980

 
$
3,530

 
$
9,180

 
$
7,040