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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the period ending June 30, 2016, by segment, were as follows:
(Dollars in thousands)
Advanced Connectivity Solutions
 
Elastomeric Material Solutions
 
Power Electronics Solutions
 
Other
 
Total
December 31, 2015
$
51,931

 
$
56,269

 
$
65,029

 
$
2,224

 
$
175,453

Foreign currency translation adjustment
309

 

 
1,305

 

 
1,614

June 30, 2016
$
52,240

 
$
56,269

 
$
66,334

 
$
2,224

 
$
177,067

Intangible Assets
Intangible Assets
 
June 30, 2016
 
December 31, 2015
(Dollars in thousands)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Trademarks and patents
$
2,557

 
$
910

 
$
1,647

 
$
2,543

 
$
718

 
$
1,825

Technology
48,300

 
22,544

 
25,756

 
47,724

 
19,681

 
28,043

Covenant-not-to-compete
962

 
962

 

 
943

 
943

 

Customer relationships
50,314

 
11,793

 
38,521

 
49,948

 
9,100

 
40,848

Total definite lived intangible assets
102,133

 
36,209

 
65,924

 
101,158

 
30,442

 
70,716

Indefinite lived intangible assets
4,389

 

 
4,389

 
4,303

 

 
4,303

Total intangible assets
$
106,522

 
$
36,209

 
$
70,313

 
$
105,461

 
$
30,442

 
$
75,019

Weighted Average Amortization Period, by Intangible Asset Class
The weighted average amortization period as of June 30, 2016, by intangible asset class, is presented in the table below:
Intangible Asset Class
 
Weighted Average Amortization Period (Years)
Trademarks and patents
 
4.0
Technology
 
4.4
Customer relationships
 
5.8
Total definite lived intangible assets
 
5.2