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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2014
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 the Company:
 
Industrial
 
Aerospace
 
Other
 
Total
Company
January 1, 2013
$
414,244

 
$
30,786

 
$
134,875

 
$
579,905

Goodwill acquired
189,486

 
—

 
—

 
189,486

Divestiture
—

 
—

 
(134,704
)
 
(134,704
)
Purchase accounting adjustment
2,627

 
—

 
—

 
2,627

Foreign currency translation
12,554

 
—

 
(171
)
 
12,383

December 31, 2013
618,911

 
30,786

 
—

 
649,697

Foreign currency translation
(54,748
)
 
—

 
—

 
(54,748
)
December 31, 2014
$
564,163

 
$
30,786

 
$
—

 
$
594,949
Schedule of Intangible Assets
Other intangible assets at December 31 consisted of:
 
 
 
 
 
2014
 
2013
 
 
Range of
Life-Years
 
Gross
Amount
 
Accumulated
Amortization
 
Gross
Amount
 
Accumulated
Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
Revenue Sharing Programs
 
Up to 30
 
$
293,700

 
$
(72,958
)
 
$
293,700

 
$
(64,220
)
Component Repair Program
 
Up to 15
 
106,639

 
(1,941
)
 
26,639

 
—

Customer lists/relationships
 
10-16
 
183,406

 
(30,731
)
 
183,406

 
(18,293
)
Patents and technology
 
7-14
 
62,972

 
(22,356
)
 
62,972

 
(14,210
)
Trademarks/trade names
 
5-30
 
11,950

 
(8,552
)
 
11,950

 
(7,628
)
Other
 
Up to 15
 
19,292

 
(14,806
)
 
19,292

 
(9,868
)
 
 
 
 
677,959

 
(151,344
)
 
597,959

 
(114,219
)
Unamortized intangible asset
 
 
 
 
 
 
 
 
 
 
Trade names
 
 
 
36,900

 
—

 
36,900

 
—

 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation
 
 
 
(8,821
)
 
—

 
13,653

 
—

Other intangible assets
 
 
 
$
706,038

 
$
(151,344
)
 
$
648,512

 
$
(114,219
)