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Intangible Assets
 3 Months Ended
Apr. 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Components of other intangible assets were as follows (dollars in thousands):
Finite LifeIndefinite Life
Customer
Relationships		Patents and
Proprietary
Technology		Trademarks,
Trade Names
and Other		Trade
Names		Total
As of April 1, 2022
Cost
$202,903 $26,974 $1,700 $62,633 $294,210 
Accumulated amortization
(112,499)(16,454)(503)— (129,456)
Foreign currency translation(8,410)(761)— (1,577)(10,748)
Book value
$81,994 $9,759 $1,197 $61,056 $154,006 
Weighted average life in years
13105N/A
As of December 31, 2021
Cost
$194,505 $26,074 $900 $62,633 $284,112 
Accumulated amortization
(108,657)(15,734)(452)— (124,843)
Foreign currency translation(7,710)(707)— (1,112)(9,529)
Book value
$78,138 $9,633 $448 $61,521 $149,740 
Weighted average life in years
13105N/A

Amortization of intangibles for the quarter was $4.6 million in 2022 and $4.3 million in 2021. Estimated annual amortization expense based on the current carrying amount of other intangible assets is as follows (in thousands):
2022 (Remainder)2023202420252026Thereafter
Estimated Amortization Expense$14,503 $17,776 $16,533 $15,967 $9,155 $19,016 

Changes in the carrying amount of goodwill for each reportable segment were as follows (in thousands): 
Industrial    Process    Contractor    Total    
Balance, December 31, 2021$185,733 $141,304 $29,218 $356,255 
Additions, adjustments from business acquisitions— 16,862 — 16,862 
Foreign currency translation(1,246)(470)— (1,716)
Balance, April 1, 2022$184,487 $157,696 $29,218 $371,401 

In the first quarter the Company completed the acquisition of a business that is not material to the consolidated financial statements.