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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in the Carrying Amount of Goodwill | The changes in the carrying amount of goodwill for 2013 and 2012, by business segment, were as follows:
| Fluid & Metering Technologies |  | Health & Science Technologies |  | Fire & Safety/ Diversified Products |  | Total
| (In thousands)
Goodwill | $ | 541,640 |  |  | $ | 648,906 |  |  | $ | 270,910 |  |  | $ | 1,461,456 |
Accumulated impairment losses | — |  |  | — |  |  | (30,090 | ) |  | (30,090 | )
Balance at January 1, 2012 | 541,640 |  |  | 648,906 |  |  | 240,820 |  |  | 1,431,366 |
Acquisition adjustments | — |  |  | 1,424 |  |  | — |  |  | 1,424 |
Acquisitions (Note 12) | — |  |  | 50,387 |  |  | — |  |  | 50,387 |
Foreign currency translation | 3,406 |  |  | 2,307 |  |  | 3,378 |  |  | 9,091 |
Goodwill impairment | (20,721 | ) |  | (149,820 | ) |  | — |  |  | (170,541 | )
Balance at December 31, 2012 | 524,325 |  |  | 553,204 |  |  | 244,198 |  |  | 1,321,727 |
Acquisitions (Note 12) | — |  |  | 17,994 |  |  | — |  |  | 17,994 |
Foreign currency translation | 3,719 |  |  | 477 |  |  | 5,539 |  |  | 9,735 |
Balance at December 31, 2013 | $ | 528,044 |  |  | $ | 571,675 |  |  | $ | 249,737 |  |  | $ | 1,349,456 |
Schedule of Gross Carrying Value and Accumulated Amortization For Each Major Class of Intangible Asset | The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset at December 31, 2013 and 2012:
| At December 31, 2013 |  |  |  | At December 31, 2012
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Weighted Average Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
|  |  | (In thousands) |  |  |  |  |  |  |  | (In thousands) |  |
Amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | $ | 10,673 |  |  | $ | (5,179 | ) |  | $ | 5,494 |  |  | 11 |  | $ | 10,650 |  |  | $ | (4,273 | ) |  | $ | 6,377 |
Trade names | 104,582 |  |  | (28,310 | ) |  | 76,272 |  |  | 16 |  | 103,113 |  |  | (21,603 | ) |  | 81,510 |
Customer relationships | 242,674 |  |  | (121,092 | ) |  | 121,582 |  |  | 10 |  | 230,196 |  |  | (93,273 | ) |  | 136,923 |
Non-compete agreements | 3,769 |  |  | (3,272 | ) |  | 497 |  |  | 3 |  | 3,505 |  |  | (2,827 | ) |  | 678 |
Unpatented technology | 75,528 |  |  | (32,905 | ) |  | 42,623 |  |  | 11 |  | 74,758 |  |  | (24,211 | ) |  | 50,547 |
Other | 6,958 |  |  | (4,299 | ) |  | 2,659 |  |  | 10 |  | 6,841 |  |  | (3,604 | ) |  | 3,237 |
Total amortizable intangible assets | 444,184 |  |  | (195,057 | ) |  | 249,127 |  |  |  |  | 429,063 |  |  | (149,791 | ) |  | 279,272 |
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Banjo trade name | 62,100 |  |  | — |  |  | 62,100 |  |  |  |  | 62,100 |  |  | — |  |  | 62,100 |
Total intangible assets | $ | 506,284 |  |  | $ | (195,057 | ) |  | $ | 311,227 |  |  |  |  | $ | 491,163 |  |  | $ | (149,791 | ) |  | $ | 341,372 |

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- 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=14024403&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=14024403&loc=d3e13854-109267 + Details
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