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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
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
 
Total
Company
January 1, 2018
$
659,437

 
$
30,786

 
$
690,223

Acquisition-related
285,355

 

 
285,355

Foreign currency translation
(20,054
)
 

 
(20,054
)
December 31, 2018
924,738

 
30,786

 
955,524

Acquisition-related
5,841

 


5,841

Reclassified to assets held for sale (see Note 3)
(15,000
)
 


(15,000
)
Foreign currency translation
(13,343
)
 

 
(13,343
)
December 31, 2019
$
902,236

 
$
30,786

 
$
933,022


Schedule of Intangible Assets Other intangible assets at December 31 consisted of:
 
 
 
 
 
2019
 
2018
 
 
Range of
Life-Years
 
Gross
Amount
 
Accumulated
Amortization
 
Gross
Amount
 
Accumulated
Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
Revenue Sharing Programs
 
Up to 30
 
$
299,500

 
$
(135,466
)
 
$
299,500

 
$
(121,957
)
Component Repair Programs
 
Up to 30
 
111,839

 
(27,270
)
 
111,839

 
(21,895
)
Customer relationships
 
10-16
 
338,366

 
(98,953
)
 
338,366

 
(79,439
)
Patents and technology
 
4-11
 
123,433

 
(68,188
)
 
125,852

 
(59,205
)
Trademarks/trade names
 
10-30
 
10,949

 
(10,145
)
 
11,950

 
(10,731
)
Other
 
Up to 15
 
10,746

 
(4,014
)
 
7,296

 
(3,551
)
 
 
 
 
894,833

 
(344,036
)
 
894,803

 
(296,778
)
Unamortized intangible asset:
 
 
 
 
 
 
 
 
 
 
Trade names
 
 
 
55,670

 

 
55,670

 

 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation
 
 
 
(25,351
)
 

 
(17,157
)
 

Other intangible assets
 
 
 
$
925,152

 
$
(344,036
)
 
$
933,316

 
$
(296,778
)