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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019 are as follows (dollars in thousands):
Specialty
PackagingAerospaceProductsTotal
Balance, December 31, 2018$163,660 $146,430 $6,560 $316,650 
Goodwill from acquisitions18,400 — — 18,400 
Goodwill reassigned in segment realignment— (12,740)12,740 — 
Foreign currency translation and other(410)— — (410)
Balance, December 31, 2019$181,650 $133,690 $19,300 $334,640 
Goodwill from acquisitions49,130 43,260 — 92,390 
Impairment charge— (126,840)— (126,840)
Goodwill reassigned in segment realignment— 12,740 (12,740)— 
Foreign currency translation and other3,780 — — 3,780 
Balance, December 31, 2020$234,560 $62,850 $6,560 $303,970 
Schedule of Intangible Assets (excluding Goodwill) by Major Class
The gross carrying amounts and accumulated amortization of the Company's other intangibles as of December 31, 2020 and 2019 are summarized below (dollars in thousands):
 As of December 31, 2020As of December 31, 2019
Intangible Category by Useful LifeGross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Finite-lived intangible assets:    
Customer relationships, 5 - 12 years$122,970 $(59,470)$73,860 $(49,910)
Customer relationships, 15 - 25 years122,280 (62,450)122,280 (56,010)
Total customer relationships245,250 (121,920)196,140 (105,920)
Technology and other, 1 - 15 years57,180 (32,800)52,430 (29,790)
Technology and other, 17 - 30 years43,300 (39,450)43,300 (37,620)
Total technology and other100,480 (72,250)95,730 (67,410)
Indefinite-lived intangible assets:
Trademark/Trade names54,640 — 42,850 — 
Total other intangible assets$400,370 $(194,170)$334,720 $(173,330)
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,
202020192018
Technology and other, included in cost of sales$4,930 $4,780 $4,890 
Customer relationships, included in selling, general and administrative expenses15,820 13,850 13,370 
Total amortization expense$20,750 $18,630 $18,260 
Schedule of Expected Amortization Expense [Table Text Block]
Estimated amortization expense for the next five fiscal years beginning after December 31, 2020 is as follows (dollars in thousands):
Year ended December 31,Estimated Amortization Expense
2021$21,790 
2022$18,230 
2023$16,330 
2024$14,830 
2025$14,480