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 September 30, 2022: | | | | | | | | | | | | | | | | | | | | | Industrial | | Aerospace | | | | Total Company | December 31, 2021 | $ | 924,584 | | | $ | 30,786 | | | | | $ | 955,370 | | | | | | | | | | | | | | | | | | | | | | | | | | Impairment charge | (68,194) | | | — | | | | | (68,194) | | Foreign currency translation | (102,224) | | | — | | | | | (102,224) | | September 30, 2022 | $ | 754,166 | | | $ | 30,786 | | | | | $ | 784,952 | |
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Schedule of Intangible Assets |
Other intangible assets consisted of: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2022 | | December 31, 2021 | | Range of Life -Years | | Gross Amount | | Accumulated Amortization | | Gross Amount | | Accumulated Amortization | Amortized intangible assets: | | | | | | | | | | Revenue Sharing Programs (RSPs) | Up to 30 | | $ | 299,500 | | | $ | (161,413) | | | $ | 299,500 | | | $ | (151,961) | | Component Repair Programs (CRPs) | Up to 30 | | 111,839 | | | (40,113) | | | 111,839 | | | (35,632) | | Customer relationships | 10-16 | | 337,189 | | | (151,866) | | | 337,189 | | | (137,856) | | Patents and technology | 4-11 | | 123,433 | | | (91,211) | | | 123,433 | | | (86,002) | | Trademarks/trade names | 10-30 | | 10,949 | | | (10,727) | | | 10,949 | | | (10,587) | | Other | Up to 10 | | 8,851 | | | (2,698) | | | 7,450 | | | (2,072) | | | | | 891,761 | | | (458,028) | | | 890,360 | | | (424,110) | | Unamortized intangible assets: | | | | | | | | | | Trade names | | | 55,670 | | | — | | | 55,670 | | | — | | Foreign currency translation | | | (52,720) | | | — | | | (21,674) | | | — | | Other intangible assets | | | $ | 894,711 | | | $ | (458,028) | | | $ | 924,356 | | | $ | (424,110) | |
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