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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | The changes in the carrying value of goodwill by reportable operating segments were as follows:
| Engineered Systems |  | Fluids |  | Refrigeration & Food Equipment |  |  |  | Total
Goodwill | $ | 1,636,291 |  | $ | 1,563,938 |  | $ | 536,179 |  |  |  | $ | 3,736,408
Accumulated impairment loss | (10,591) |  | (59,970) |  | — |  |  |  | (70,561)
Balance at January 1, 2017 | $ | 1,625,700 |  | $ | 1,503,968 |  | $ | 536,179 |  |  |  | $ | 3,665,847
Acquisitions | 30,180 |  | — |  | — |  |  |  | 30,180
Purchase price adjustments | 6,826 |  | (35,939) |  | — |  |  |  | (29,113)
Disposition of business | (79,113) |  | — |  | (296) |  |  |  | (79,409)
Foreign currency translation | 61,796 |  | 36,255 |  | 816 |  |  |  | 98,867
Balance at December 31, 2017 | 1,645,389 |  | 1,504,284 |  | 536,699 |  |  |  | 3,686,372
Reallocation due to Apergy separation | 3,546 |  | — |  | — |  |  |  | 3,546
Acquisitions | — |  | 36,303 |  | 10,408 |  |  |  | 46,711
Purchase price adjustments | 328 |  | — |  | — |  |  |  | 328
Foreign currency translation | (25,603) |  | (32,985) |  | (1041) |  |  |  | (59,629)
Balance at December 31, 2018 | $ | 1,623,660 |  | $ | 1,507,602 |  | $ | 546,066 |  |  |  | $ | 3,677,328
Schedule of Intangible Assets | The Company's definite-lived and indefinite-lived intangible assets by major asset class were as follows:
| December 31, 2018 |  |  |  |  |  | December 31, 2017 |  |  |  |
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer intangibles | $ | 1,395,742 |  | $ | 645,305 |  | $ | 750,437 |  | $ | 1,405,361 |  | $ | 559,447 |  | $ | 845,914
Trademarks | 214,774 |  | 72,305 |  | 142,469 |  | 217,621 |  | 58,523 |  | 159,098
Patents | 144,302 |  | 128,254 |  | 16,048 |  | 145,577 |  | 123,135 |  | 22,442
Unpatented technologies | 155,380 |  | 85,560 |  | 69,820 |  | 152,913 |  | 71,284 |  | 81,629
Distributor relationships | 82,970 |  | 37,943 |  | 45,027 |  | 85,794 |  | 32,092 |  | 53,702
Drawings & manuals | 31,849 |  | 23,273 |  | 8,576 |  | 32,739 |  | 20,767 |  | 11,972
Other | 21,046 |  | 15,835 |  | 5,211 |  | 23,095 |  | 12,028 |  | 11,067
Total | 2,046,063 |  | 1,008,475 |  | 1,037,588 |  | 2,063,100 |  | 877,276 |  | 1,185,824
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trademarks | 96,668 |  | — |  | 96,668 |  | 96,800 |  | — |  | 96,800
Total intangible assets, net | $ | 2,142,731 |  | $ | 1,008,475 |  | $ | 1,134,256 |  | $ | 2,159,900 |  | $ | 877,276 |  | $ | 1,282,624
Future Amortization Expense | Estimated future amortization expense related to intangible assets held at December 31, 2018 is as follows:
| Estimated Amortization
2019 | $ | 131,936
2020 | 123,425
2021 | 117,381
2022 | 103,917
2023 | 93,854

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