XML 50 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill, by segment
The changes in the carrying amount of goodwill for the period ending December 31, 2018, by operating segment, were as follows:
(Dollars in thousands)
Advanced Connectivity Solutions
 
Elastomeric Material Solutions
 
Power Electronics Solutions
 
Other
 
Total
December 31, 2017
$
51,693

 
$
111,575

 
$
71,615

 
$
2,224

 
$
237,107

Acquisition

 
32,305

 

 

 
32,305

Purchase accounting adjustment

 
(567
)
 

 

 
(567
)
Foreign currency translation adjustment

 
(724
)
 
(3,236
)
 

 
(3,960
)
December 31, 2018
$
51,693

 
$
142,589

 
$
68,379

 
$
2,224

 
$
264,885

Intangible assets
The changes in the carrying amount of other intangible assets for the two-year period ending December 31, 2018, were as follows:
 
December 31, 2018
 
December 31, 2017
(Dollars in thousands)
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Customer relationships
$
149,753

 
$
30,078

 
$
119,675

 
$
128,907

 
$
22,514

 
$
106,393

Technology
81,535

 
38,624

 
42,911

 
73,891

 
33,491

 
40,400

Trademarks and trade names
12,019

 
3,213

 
8,806

 
10,213

 
2,157

 
8,056

Covenants not to compete
1,340

 
249

 
1,091

 
1,799

 
1,108

 
691

Total definite-lived other intangible assets
244,647

 
72,164

 
172,483

 
214,810

 
59,270

 
155,540

Indefinite-lived other intangible asset
4,525

 

 
4,525

 
4,738

 

 
4,738

Total other intangible assets
$
249,172

 
$
72,164

 
$
177,008

 
$
219,548

 
$
59,270

 
$
160,278

Weighted average amortization period, by intangible asset class
The weighted average amortization period as of December 31, 2018, by definite-lived other intangible asset class, is presented in the table below:
Definite-Lived Other Intangible Asset Class
Weighted Average Remaining Amortization Period
Customer relationships
7.6
Technology
4.4
Trademarks and trade names
5.0
Covenants not to compete
2.1
Total definite-lived other intangible assets
6.6