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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill for the three months ended March 31, 2014 are summarized as follows:
 
Packaging
 
Energy
 
Aerospace & Defense
 
Engineered Components
 
Cequent APEA
 
Cequent Americas
 
Total
 
(dollars in thousands)
Balance, December 31, 2013
$
158,060

 
$
75,920

 
$
61,080

 
$
7,420

 
$

 
$
7,180

 
$
309,660

Foreign currency translation
130

 
620

 

 

 

 
290

 
1,040

Balance, March 31, 2014
$
158,190

 
$
76,540

 
$
61,080

 
$
7,420

 
$

 
$
7,470

 
$
310,700

Schedule of Intangible Assets (excluding Goodwill) by Major Class
The gross carrying amounts and accumulated amortization of the Company's other intangibles as of March 31, 2014 and December 31, 2013 are summarized below. The Company amortizes these assets over periods ranging from 1 to 30 years.
 
 
As of March 31, 2014
 
As of December 31, 2013
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
 
$
105,500

 
$
(38,500
)
 
$
105,090

 
$
(36,260
)
   Customer relationships, 15 – 25 years
 
154,610

 
(96,250
)
 
154,610

 
(94,200
)
Total customer relationships
 
260,110

 
(134,750
)
 
259,700

 
(130,460
)
   Technology and other, 1 – 15 years
 
39,010

 
(29,680
)
 
38,980

 
(28,940
)
   Technology and other, 17 – 30 years
 
44,020

 
(25,870
)
 
43,990

 
(25,310
)
Total technology and other
 
83,030

 
(55,550
)
 
82,970

 
(54,250
)
Indefinite-lived intangible assets:
 

 

 

 

 Trademark/Trade names
 
61,920

 

 
61,570

 

Total other intangible assets
 
$
405,060

 
$
(190,300
)
 
$
404,240

 
$
(184,710
)
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 March 31,
 
 
2014
 
2013
 
 
(dollars in thousands)
Technology and other, included in cost of sales
 
$
1,230

 
$
1,210

Customer relationships, included in selling, general and administrative expenses
 
4,250

 
3,870

Total amortization expense
 
$
5,480

 
$
5,080