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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table sets forth the change in the carrying amount of goodwill for each reportable segment and for the Company as of and for the period ended June 30, 2013:
 
Aerospace
 
Industrial
 
Other
 
Total Company
January 1, 2013
$
30,786

 
$
414,244

 
$
134,875

 
$
579,905

Divestiture

 

 
(134,704
)
 
(134,704
)
Purchase accounting adjustment

 
(185
)
 

 
(185
)
Foreign currency translation

 
(5,398
)
 
(171
)
 
(5,569
)
June 30, 2013
$
30,786

 
$
408,661

 
$

 
$
439,447

Schedule of Finite-Lived Intangible Assets by Major Class
Other intangible assets consisted of:
 
 
 
June 30, 2013
 
December 31, 2012
 
Range of
Life -Years
 
Gross Amount
 
Accumulated Amortization
 
Gross Amount
 
Accumulated Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
Revenue sharing programs (RSPs)
Up to 30
 
$
293,700

 
$
(59,730
)
 
$
293,700

 
$
(54,638
)
Customer lists/relationships
10-15
 
91,306

 
(13,819
)
 
102,806

 
(21,727
)
Patents and technology
7-14
 
41,972

 
(10,756
)
 
41,972

 
(7,758
)
Trademarks/trade names
5-30
 
11,950

 
(7,159
)
 
12,750

 
(7,497
)
Other
Up to 15
 
12,692

 
(7,436
)
 
12,692

 
(6,927
)
 
 
 
451,620

 
(98,900
)
 
463,920

 
(98,547
)
Unamortized intangible asset:
 
 
 
 
 
 
 
 
 
Trade name
 
 
10,000

 


 
10,000

 


 
 
 
 
 
 
 
 
 
 
Foreign currency translation
 
 
7,925

 

 
8,599

 

Other intangible assets
 
 
$
469,545

 
$
(98,900
)
 
$
482,519

 
$
(98,547
)