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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the period ending June 30, 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

 
786

 
5,121

 

 
5,907

Purchase accounting adjustment

 
116

 

 

 
116

DSP acquisition

 
17,793

 

 

 
17,793

June 30, 2017
$
51,693

 
$
110,226

 
$
68,104

 
$
2,224

 
$
232,247

Intangible Assets
Intangible Assets
 
June 30, 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
$
10,161

 
$
1,637

 
$
8,524

 
$
6,825

 
$
1,156

 
$
5,669

Technology
72,826

 
29,037

 
43,789

 
68,880

 
24,365

 
44,515

Covenant not to compete
1,729

 
1,004

 
725

 
1,419

 
932

 
487

Customer relationships
127,887

 
18,205

 
109,682

 
96,148

 
14,311

 
81,837

Total definite lived intangible assets
212,603

 
49,883

 
162,720

 
173,272

 
40,764

 
132,508

Indefinite lived intangible assets
4,506

 

 
4,506

 
4,168

 

 
4,168

Total intangible assets
$
217,109

 
$
49,883

 
$
167,226

 
$
177,440

 
$
40,764

 
$
136,676

Weighted Average Amortization Period, by Intangible Asset Class
The weighted average amortization period as of June 30, 2017, by intangible asset class, is presented in the table below:
Intangible Asset Class
 
Weighted Average Amortization Period (Years)
Trademarks and patents
 
7.2
Technology
 
6.0
Customer relationships
 
10.3
Covenant not to compete
 
3.4
Total definite lived intangible assets
 
8.9