Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

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, 2019	$	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
Foreign currency translation	78,558		—		78,558
December 31, 2020	$	980,794	$	30,786	$	1,011,580

Schedule of Intangible Assets

Other intangible assets at December 31 consisted of:

		2020				2019
	Range of Life-Years	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Amortized intangible assets:
Revenue Sharing Programs	Up to 30	$	299,500	$	(143,209)	$	299,500	$	(135,466)
Component Repair Programs	Up to 30	111,839		(30,869)		111,839		(27,270)
Customer relationships	10-16	338,366		(118,752)		338,366		(98,953)
Patents and technology	4-11	123,433		(77,311)		123,433		(68,188)
Trademarks/trade names	10-30	10,949		(10,377)		10,949		(10,145)
Other	Up to 15	10,746		(4,580)		10,746		(4,014)
		894,833		(385,098)		894,833		(344,036)
Unamortized intangible asset:
Trade names		55,670		—		55,670		—
Foreign currency translation		(1,273)		—		(25,351)		—
Other intangible assets		$	949,230	$	(385,098)	$	925,152	$	(344,036)