XML 52 R38.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Goodwill and Other Intangible Assets, net (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Goodwill and Other Intangible Assets, net |
Summary of changes in the carrying amount of goodwill |
|  | Construction |  | Interconnect |  | Fluid |  | Brake and |  | FoodService |  |  |
(in millions) |  | Materials |  | Technologies |  | Technologies |  | Friction |  | Products |  | Total
Net balance at January 1, 2015 |  | $ | 123.3 |  | $ | 554.3 |  | $ | - |  | $ | 226.6 |  | $ | 60.3 |  | $ | 964.5
Goodwill acquired during year (1) |  |  | - |  |  | - |  |  | 175.7 |  |  | - |  |  | - |  |  | 175.7
Measurement period adjustments |  |  | - |  |  | 1.1 |  |  | (0.5) |  |  | - |  |  | - |  |  | 0.6
Currency translation and other |  |  | (4.6) |  |  | - |  |  | (1.8) |  |  | - |  |  | - |  |  | (6.4)
Net balance at December 31, 2015 |  | $ | 118.7 |  | $ | 555.4 |  | $ | 173.4 |  | $ | 226.6 |  | $ | 60.3 |  | $ | 1,134.4
Goodwill acquired during year (1) |  |  | - |  |  | 83.7 |  |  | 2.9 |  |  | - |  |  | - |  |  | 86.6
Impairment charges |  |  | - |  |  | - |  |  | - |  |  | (130.0) |  |  | - |  |  | (130.0)
Measurement period adjustments |  |  | - |  |  | - |  |  | (0.3) |  |  | - |  |  | - |  |  | (0.3)
Currency translation and other |  |  | (1.2) |  |  | - |  |  | (8.1) | (2) |  | (0.2) |  |  | - |  |  | (9.5)
Balance at December 31, 2016 |  | $ | 117.5 |  | $ | 639.1 |  | $ | 167.9 |  | $ | 96.4 |  | $ | 60.3 |  | $ | 1,081.2
| (1) |  | See Note 3 for further information on goodwill resulting from recent acquisitions.
| (2) |  | Includes $4.9 million of an immaterial correction of certain deferred tax liabilities acquired in the Finishing Brands acquisition.
Summary of other intangible assets, net | The Company’s other intangible assets, net at December 31, 2016, are as follows:
|  | Acquired |  | Accumulated |  | Net Book
(in millions) |  | Cost |  | Amortization |  | Value
Assets subject to amortization: |  |  |  |  |  |  |  |  |
Intellectual property |  | $ | 200.7 |  | $ | (72.4) |  | $ | 128.3
Customer relationships |  |  | 704.3 |  |  | (201.6) |  |  | 502.7
Other |  |  | 15.4 |  |  | (11.7) |  |  | 3.7
Assets not subject to amortization: |  |  |  |  |  |  |  |  |
Trade names |  |  | 237.5 |  |  | - |  |  | 237.5
Other intangible assets, net |  | $ | 1,157.9 |  | $ | (285.7) |  | $ | 872.2
The Company’s other intangible assets, net at December 31, 2015, were as follows:
|  | Acquired |  | Accumulated |  | Net Book
(in millions) |  | Cost |  | Amortization |  | Value
Assets subject to amortization: |  |  |  |  |  |  |  |  |
Intellectual property |  | $ | 180.7 |  | $ | (55.0) |  | $ | 125.7
Customer relationships |  |  | 673.9 |  |  | (160.5) |  |  | 513.4
Other |  |  | 13.5 |  |  | (10.6) |  |  | 2.9
Assets not subject to amortization: |  |  |  |  |  |  |  |  |
Trade names |  |  | 245.8 |  |  | - |  |  | 245.8
Other intangible assets, net |  | $ | 1,113.9 |  | $ | (226.1) |  | $ | 887.8
Schedule of intangible assets subject to amortization | Intangible assets subject to amortization as of December 31, 2016 will be amortized as follows:
Remaining weighted-average amortization period (years) |  |
Assets subject to amortization |  |
Intellectual property |  | 8.1
Customer relationships |  | 12.1
Other |  | 9.3
Total assets subject to amortization |  | 11.3
Schedule of estimated future amortization expense |
(millions) |  | 2017 |  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | Thereafter
Estimated future amortization expense |  | $ 64.4 |  | $ 64.4 |  | $ 64.2 |  | $ 61.1 |  | $ 57.5 |  | $ 323.1
Summary of the net book values of other intangible assets, net by reportable segment |
|  | December 31, |  | December 31,
(in millions) |  | 2016 |  | 2015
Carlisle Construction Materials |  | $ | 55.2 |  | $ | 60.9
Carlisle Interconnect Technologies |  |  | 379.1 |  |  | 357.3
Carlisle Fluid Technologies |  |  | 313.7 |  |  | 325.3
Carlisle Brake & Friction |  |  | 99.3 |  |  | 117.2
Carlisle FoodService Products |  |  | 24.9 |  |  | 27.1
Total |  | $ | 872.2 |  | $ | 887.8

X
- Definition Tabular disclosure of the carrying value of finite-lived and indefinite-lived intangible assets, excluding goodwill, in total and by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of the company. + References No definition available. + Details
Name: | csl_ScheduleOfFiniteAndIndefiniteLivedIntangibleAssetsByMajorClassTableTextBlock
Namespace Prefix: | csl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets, by segment. + References No definition available. + Details
Name: | csl_ScheduleOfFiniteAndIndefiniteLivedIntangibleAssetsBySegmentTableTextBlock
Namespace Prefix: | csl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration