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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the period ending September 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

 
1,013

 
1,863

 

 
2,876

September 30, 2016
$
51,931

 
$
57,282

 
$
66,892

 
$
2,224

 
$
178,329

Intangible Assets
Intangible Assets
 
September 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
$
2,589

 
$
1,019

 
$
1,570

 
$
2,543

 
$
718

 
$
1,825

Technology
48,589

 
24,034

 
24,555

 
47,724

 
19,681

 
28,043

Covenant-not-to-compete
1,007

 
1,007

 

 
943

 
943

 

Customer relationships
50,620

 
13,251

 
37,369

 
49,948

 
9,100

 
40,848

Total definite lived intangible assets
102,805

 
39,311

 
63,494

 
101,158

 
30,442

 
70,716

Indefinite lived intangible assets
4,426

 

 
4,426

 
4,303

 

 
4,303

Total intangible assets
$
107,231

 
$
39,311

 
$
67,920

 
$
105,461

 
$
30,442

 
$
75,019

Weighted Average Amortization Period, by Intangible Asset Class
The weighted average amortization period as of September 30, 2016, by intangible asset class, is presented in the table below:
Intangible Asset Class
 
Weighted Average Amortization Period (Years)
Trademarks and patents
 
4.2
Technology
 
4.6
Customer relationships
 
6.0
Total definite lived intangible assets
 
5.4