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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2011
Goodwill and Other Intangible Assets  
Schedule of Changes in Carrying Amount of Goodwill Attributable to Each Business Segment

 

     Industrial
Products
Group
    Engineered
Products
Group
    Total  

Balance as of December 31, 2009

   $ 256,824      $ 321,190      $ 578,014   

Acquisitions

     —          5,202        5,202   

Foreign currency translation

     (6,740     (4,680     (11,420
  

 

 

   

 

 

   

 

 

 

Balance as of December 31, 2010

     250,084        321,712        571,796   

Foreign currency translation

     9,126        10,714        19,840   
  

 

 

   

 

 

   

 

 

 

Balance as of June 30, 2011

   $ 259,210      $ 332,426      $ 591,636   
  

 

 

   

 

 

   

 

 

 

Cumulative goodwill impairment charges (1)

   $ 252,533      $ —        $ 252,533   

 

(1) Based on exchange rates at the date of the charge.
Schedule of Gross Carrying Amount and Accumulated Amortization of Identifiable Intangible Assets, Other Than Goodwill
     June 30, 2011     December 31, 2010  
     Gross
Carrying
Amount
     Accumulated
Amortization
    Gross
Carrying
Amount
     Accumulated
Amortization
 

Amortized intangible assets:

          

Customer lists and relationships

   $ 126,701       $ (35,658   $ 118,844       $ (29,973

Acquired technology

     101,235         (57,678     94,689         (53,224

Trade names

     58,528         (10,094     55,320         (8,621

Other

     7,110         (3,962     7,344         (3,424

Unamortized intangible assets:

          

Trade names

     113,539         —          108,633         —     
  

 

 

    

 

 

   

 

 

    

 

 

 

Total other intangible assets

   $ 407,113       $ (107,392   $ 384,830       $ (95,242
  

 

 

    

 

 

   

 

 

    

 

 

 
Schedule of Amortization of Intangible Assets
     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2011      2010      2011      2010  

Intangible asset amortization expense

   $ 4,510       $ 4,249       $ 8,851       $ 8,788