XML 40 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the net carrying amount of goodwill by operating segment were as follows:
(Dollars in thousands)Advanced Connectivity SolutionsElastomeric Material SolutionsPower Electronics SolutionsOtherTotal
December 31, 2019$51,694 $142,030 $66,982 $2,224 $262,930 
Foreign currency translation adjustment— (176)3,027 — $2,851 
September 30, 2020$51,694 $141,854 $70,009 $2,224 $265,781 
Schedule of Intangible Assets
The gross and net carrying amounts, as well as the accumulated amortization of other intangible assets were as follows:
September 30, 2020December 31, 2019
(Dollars in thousands)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships$149,891 $58,935 $90,956 $149,317 $39,018 $110,299 
Technology82,102 50,776 31,326 80,938 45,190 35,748 
Trademarks and trade names11,986 6,676 5,310 11,994 4,361 7,633 
Covenants not to compete1,340 746 594 1,340 505 835 
Total definite-lived other intangible assets245,319 117,133 128,186 243,589 89,074 154,515 
Indefinite-lived other intangible asset4,632  4,632 4,432 — 4,432 
Total other intangible assets$249,951 $117,133 $132,818 $248,021 $89,074 $158,947 
Schedule of Weighted Average Amortization Period, by Intangible Asset Class
The weighted average amortization period as of September 30, 2020, by definite-lived other intangible asset class, was as follows:
Definite-Lived Other Intangible Asset ClassWeighted Average Remaining Amortization Period
Customer relationships5.5 years
Technology4.0 years
Trademarks and trade names3.8 years
Covenants not to compete1.3 years
Total definite-lived other intangible assets5.0 years