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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill for the six months ended June 30, 2013 are summarized as follows:
 
Packaging
 
Energy
 
Aerospace & Defense
 
Engineered Components
 
Cequent APEA
 
Cequent Americas
 
Total
 
(dollars in thousands)
Balance, December 31, 2012
$
158,980

 
$
64,210

 
$
41,130

 
$
3,180

 
$

 
$
3,440

 
$
270,940

 Goodwill from acquisitions

 
9,660

 
8,420

 

 

 

 
18,080

 Foreign currency translation
(1,500
)
 
(1,870
)
 

 

 

 
(290
)
 
(3,660
)
Balance, June 30, 2013
$
157,480

 
$
72,000

 
$
49,550

 
$
3,180

 
$

 
$
3,150

 
$
285,360

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, 2013 and December 31, 2012 are summarized below. The Company amortizes these assets over periods ranging from 1 to 30 years.
 
 
As of June 30, 2013
 
As of December 31, 2012
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
 
$
93,150

 
$
(33,470
)
 
$
85,740

 
$
(30,080
)
   Customer relationships, 15 – 25 years
 
154,610

 
(90,080
)
 
154,610

 
(85,960
)
Total customer relationships
 
247,760

 
(123,550
)
 
240,350

 
(116,040
)
   Technology and other, 1 – 15 years
 
38,010

 
(27,540
)
 
37,130

 
(26,320
)
   Technology and other, 17 – 30 years
 
43,910

 
(24,190
)
 
43,800

 
(23,070
)
Total technology and other
 
81,920

 
(51,730
)
 
80,930

 
(49,390
)
Indefinite-lived intangible assets:
 

 

 

 

 Trademark/Trade names
 
54,450

 

 
50,310

 

Total other intangible assets
 
$
384,130

 
$
(175,280
)
 
$
371,590

 
$
(165,430
)
Schedule of Finite-Lived Intangible Assets, Amortization Expense
Amortization expense related to intangible assets as included in the accompanying consolidated statement of income is summarized as follows:
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2013
 
2012
 
2013
 
2012
 
 
(dollars in thousands)
Technology and other, included in cost of sales
 
$
1,210

 
$
1,270

 
$
2,410

 
$
2,340

Customer relationships, included in selling, general and administrative expenses
 
3,940

 
3,710

 
7,820

 
6,840

Total amortization expense
 
$
5,150

 
$
4,980

 
$
10,230

 
$
9,180