XML 45 R34.htm IDEA: XBRL DOCUMENT v3.21.2
Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2021
Goodwill [Line Items]  
Goodwill
The changes in the carrying value of goodwill by reportable operating segments were as follows:
 Engineered ProductsFueling SolutionsImaging & IdentificationPumps & Process SolutionsRefrigeration & Food EquipmentTotal
Balance at December 31, 2020$682,985 $940,973 $1,117,589 $786,280 $544,715 $4,072,542 
Acquisitions— 26,495 19,705 16,287 — 62,487 
Purchase price adjustments— 1,084 (1,926)— — (842)
Foreign currency translation(1,958)5,022 (9,007)(1,190)(363)(7,496)
Balance at June 30, 2021$681,027 $973,574 $1,126,361 $801,377 $544,352 $4,126,691 
Schedule of Intangible Assets The Company’s definite-lived and indefinite-lived intangible assets by major asset class were as follows:
June 30, 2021December 31, 2020
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Amortized intangible assets:
Customer intangibles$1,572,396 $880,801 $691,595 $1,559,771 $834,798 $724,973 
Trademarks237,022 111,620 125,402 233,205 103,907 129,298 
Patents168,644 143,022 25,622 163,299 141,182 22,117 
Unpatented technologies189,731 118,689 71,042 180,947 113,404 67,543 
Distributor relationships86,888 54,077 32,811 87,028 51,611 35,417 
Drawings and manuals28,581 26,862 1,719 29,198 26,193 3,005 
Other23,996 19,915 4,081 23,901 19,324 4,577 
Total2,307,258 1,354,986 952,272 2,277,349 1,290,419 986,930 
Unamortized intangible assets:
Trademarks96,837 — 96,837 96,842 — 96,842 
Total intangible assets, net$2,404,095 $1,354,986 $1,049,109 $2,374,191 $1,290,419 $1,083,772