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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the period ending March 31, 2017, by segment, were as follows:
(Dollars in thousands)
Advanced Connectivity Solutions
 
Elastomeric Material Solutions
 
Power Electronics Solutions
 
Other
 
Total
December 31, 2016
$
51,693

 
$
91,531

 
$
62,983

 
$
2,224

 
$
208,431

Foreign currency translation adjustment

 
1,143

 
746

 

 
1,889

Purchase accounting adjustment

 
116

 

 

 
116

DSP acquisition

 
17,793

 

 

 
17,793

March 31, 2017
$
51,693

 
$
110,583

 
$
63,729

 
$
2,224

 
$
228,229

Intangible Assets
Intangible Assets
 
March 31, 2017
 
December 31, 2016
(Dollars in thousands)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Trademarks and patents
$
10,177

 
$
1,401

 
$
8,776

 
$
6,825

 
$
1,156

 
$
5,669

Technology
71,086

 
26,217

 
44,869

 
68,880

 
24,365

 
44,515

Covenant not to compete
1,751

 
1,009

 
742

 
1,419

 
932

 
487

Customer relationships
127,102

 
16,127

 
110,975

 
96,148

 
14,311

 
81,837

Total definite lived intangible assets
210,116

 
44,754

 
165,362

 
173,272

 
40,764

 
132,508

Indefinite lived intangible assets
4,217

 

 
4,217

 
4,168

 

 
4,168

Total intangible assets
$
214,333

 
$
44,754

 
$
169,579

 
$
177,440

 
$
40,764

 
$
136,676

Weighted Average Amortization Period, by Intangible Asset Class
The weighted average amortization period as of March 31, 2017, by intangible asset class, is presented in the table below:
Intangible Asset Class
 
Weighted Average Amortization Period (Years)
Trademarks and patents
 
7.0
Technology
 
5.8
Customer relationships
 
10.1
Covenant not to compete
 
3.3
Total definite lived intangible assets
 
8.8