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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2022
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 Electronics SolutionsElastomeric Material SolutionsOtherTotal
December 31, 2021$119,567 $248,398 $2,224 $370,189 
Purchase accounting adjustment— (925)— (925)
Foreign currency translation adjustment(9,552)(21,400)— $(30,952)
September 30, 2022$110,015 $226,073 $2,224 $338,312 
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, 2022December 31, 2021
(Dollars in thousands)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships$186,799 $82,103 $104,696 $198,095 $77,870 $120,225 
Technology82,844 55,471 27,373 88,445 54,900 33,545 
Trademarks and trade names22,979 9,676 13,303 25,504 8,968 16,536 
Covenants not to compete2,452 1,535 917 2,693 1,137 1,556 
Total definite-lived other intangible assets295,074 148,785 146,289 314,737 142,875 171,862 
Indefinite-lived other intangible asset3,859  3,859 4,491 — 4,491 
Total other intangible assets$298,933 $148,785 $150,148 $319,228 $142,875 $176,353 
Schedule of Weighted Average Amortization Period, by Intangible Asset Class
The weighted average amortization period as of September 30, 2022, by definite-lived other intangible asset class, was as follows:
Definite-Lived Other Intangible Asset ClassWeighted Average Remaining Amortization Period
Customer relationships7.8 years
Technology3.5 years
Trademarks and trade names2.1 years
Covenants not to compete1.0 years
Total definite-lived other intangible assets6.4 years