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Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill for the nine months ended September 30, 2015 are summarized as follows:
 
Packaging
 
Aerospace
 
Energy
 
Engineered Components
 
Total
 
(dollars in thousands)
Balance, December 31, 2014
$
169,350

 
$
210,130

 
$
73,180

 
$
7,420

 
$
460,080

Foreign currency translation and other
(2,560
)
 

 
(2,090
)
 

 
(4,650
)
Balance, September 30, 2015
$
166,790

 
$
210,130

 
$
71,090

 
$
7,420

 
$
455,430

Schedule of Intangible Assets (excluding Goodwill) by Major Class
The gross carrying amounts and accumulated amortization of the Company's other intangibles as of September 30, 2015 and December 31, 2014 are summarized below. The Company amortizes these assets over periods ranging from one to 30 years.
 
 
As of September 30, 2015
 
As of December 31, 2014
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
 
$
74,970

 
$
(24,020
)
 
$
75,300

 
$
(18,180
)
   Customer relationships, 15 – 25 years
 
132,230

 
(36,330
)
 
132,230

 
(31,140
)
Total customer relationships
 
207,200

 
(60,350
)
 
207,530

 
(49,320
)
   Technology and other, 1 – 15 years
 
57,870

 
(21,800
)
 
58,040

 
(18,750
)
   Technology and other, 17 – 30 years
 
43,310

 
(28,730
)
 
43,300

 
(27,150
)
Total technology and other
 
101,180

 
(50,530
)
 
101,340

 
(45,900
)
Indefinite-lived intangible assets:
 

 

 

 

 Trademark/Trade names
 
83,730

 

 
83,770

 

Total other intangible assets
 
$
392,110

 
$
(110,880
)
 
$
392,640

 
$
(95,220
)
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 September 30,
 
Nine months ended September 30,
 
 
2015
 
2014
 
2015
 
2014
 
 
(dollars in thousands)
Technology and other, included in cost of sales
 
$
1,480

 
$
1,150

 
$
4,560

 
$
3,450

Customer relationships, included in selling, general and administrative expenses
 
3,730

 
2,570

 
11,230

 
7,450

Total amortization expense
 
$
5,210

 
$
3,720

 
$
15,790

 
$
10,900