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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill for the years ended December 31, 2016 and 2015 are as follows (dollars in thousands):


 

 

 
Engineered
 


Packaging
 
Aerospace
 
Energy
 
Components
 
Total
Balance, December 31, 2014
$
169,350

 
$
210,130

 
$
73,180

 
$
7,420

 
$
460,080

Goodwill from acquisitions

 
(3,500
)
 

 
2,320

 
(1,180
)
Impairment charge

 

 
(70,930
)
 
(3,180
)
 
(74,110
)
Foreign currency translation and other
(3,620
)
 

 
(2,250
)
 

 
(5,870
)
Balance, December 31, 2015
$
165,730

 
$
206,630

 
$

 
$
6,560

 
$
378,920

Impairment charge

 
(60,200
)
 

 

 
(60,200
)
Foreign currency translation and other
(3,640
)
 

 

 

 
(3,640
)
Balance, December 31, 2016
$
162,090

 
$
146,430

 
$

 
$
6,560

 
$
315,080

Schedule of Intangible Assets (excluding Goodwill) by Major Class
The Company amortizes its other intangible assets over periods ranging from one to 30 years. The gross carrying amounts and accumulated amortization of the Company's other intangibles as of December 31, 2016 and 2015 are summarized below (dollars in thousands):
 
 
As of December 31, 2016
 
As of December 31, 2015
Intangible Category by Useful Life
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
Customer relationships, 5 - 12 years
 
$
73,570

 
$
(33,200
)
 
$
74,890

 
$
(25,960
)
Customer relationships, 15 - 25 years
 
132,230

 
(44,970
)
 
132,230

 
(38,060
)
Total customer relationships
 
205,800

 
(78,170
)
 
207,120

 
(64,020
)
Technology and other, 1 - 15 years
 
57,470

 
(26,040
)
 
57,860

 
(22,770
)
Technology and other, 17 - 30 years
 
43,300

 
(31,370
)
 
43,300

 
(29,250
)
Total technology and other
 
100,770

 
(57,410
)
 
101,160

 
(52,020
)
Indefinite-lived intangible assets:
 

 

 

 

Trademark/Trade names
 
42,930

 

 
81,630

 

Total other intangible assets
 
$
349,500

 
$
(135,580
)
 
$
389,910

 
$
(116,040
)
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 (dollars in thousands):
 
 
Year ended December 31,
 
 
2016
 
2015
 
2014
Technology and other, included in cost of sales
 
$
5,680

 
$
6,010

 
$
5,030

Customer relationships, included in selling, general and administrative expenses
 
14,790

 
14,960

 
11,030

Total amortization expense
 
$
20,470

 
$
20,970

 
$
16,060

Schedule of Expected Amortization Expense [Table Text Block]
Estimated amortization expense for the next five fiscal years beginning after December 31, 2016 is as follows (dollars in thousands):
Year ended December 31,
Estimated Amortization Expense
2017
 
$19,800
2018
 
$19,470
2019
 
$19,100
2020
 
$18,160
2021
 
$15,380