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Acquisitions and Dispositions (Tables) | 12 Months Ended
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Dec. 31, 2015
Business Combinations and Dispositions [Abstract] |
Schedule of Allocation of Acquisition Costs To Assets Acquired and Liabilities Assumed | The allocation of the acquisition costs to the assets acquired and liabilities assumed, based on their estimated fair values, is as follows:
(In thousands) |
Accounts receivable | $ | 3,454 |
Inventory | 4,524 |
Other current assets, net of cash acquired | 131 |
Property, plant and equipment | 1,357 |
Goodwill | 17,994 |
Intangible assets | 13,016 |
Total assets acquired | 40,476 |
Total liabilities assumed | (5,939 | )
Net assets acquired | $ | 34,537 |
The allocation of the acquisition costs to the assets acquired and liabilities assumed, based on their estimated fair values, is as follows:
(In thousands) |
Accounts receivable | $ | 1,147 |
Inventory | 6,230 |
Other current assets, net of cash acquired | 232 |
Property, plant and equipment | 2,988 |
Goodwill | 7,711 |
Intangible assets | 8,770 |
Total assets acquired | 27,078 |
Total liabilities assumed | (1,633 | )
Net assets acquired | $ | 25,445 |
The allocation of the acquisition costs to the assets acquired and liabilities assumed, based on their estimated fair values, is as follows:
| Novotema |  | Alfa |  | CPS |  | Other |  | Total
(In thousands) |  |  |  |  |  |  |  |  |
Accounts receivable | $ | 8,029 |  |  | $ | 13,487 |  |  | $ | 945 |  |  | $ | — |  |  | $ | 22,461 |
Inventory | 2,886 |  |  | 11,036 |  |  | 442 |  |  | 1,102 |  |  | 15,466 |
Other assets, net of cash acquired | 1,484 |  |  | 3,367 |  |  | 79 |  |  | — |  |  | 4,930 |
Property, plant and equipment | 11,844 |  |  | 8,395 |  |  | 1,084 |  |  | — |  |  | 21,323 |
Goodwill | 33,934 |  |  | 71,191 |  |  | 9,575 |  |  | 748 |  |  | 115,448 |
Intangible assets | 20,011 |  |  | 32,058 |  |  | 12,290 |  |  | — |  |  | 64,359 |
Total assets acquired | 78,188 |  |  | 139,534 |  |  | 24,415 |  |  | 1,850 |  |  | 243,987 |
Total liabilities assumed | (17,090 | ) |  | (26,944 | ) |  | (235 | ) |  | — |  |  | (44,269 | )
Net assets acquired | $ | 61,098 |  |  | $ | 112,590 |  |  | $ | 24,180 |  |  | $ | 1,850 |  |  | $ | 199,718 |
Acquired Intangible Assets and Weighted Average Amortization Periods | The acquired intangible assets and weighted average amortization periods are as follows:
(In thousands, except weighted average life) | Total |  | Weighted Average Life
Trade names | $ | 9,247 |  |  | 15
Customer relationships | 44,401 |  |  | 12
Unpatented technology | 10,711 |  |  | 8
Total acquired intangible assets | $ | 64,359 |  |  |
The acquired intangible assets and weighted average amortization periods are as follows:
(In thousands, except weighted average life) | Total |  | Weighted Average Life
Trade names | $ | 3,304 |  |  | 15
Customer relationships | 4,393 |  |  | 14
Unpatented technology | 1,073 |  |  | 8
Total acquired intangible assets | $ | 8,770 |  |  |
The acquired intangible assets and weighted average amortization periods are as follows:
(In thousands, except weighted average life) | Total |  | Weighted Average Life
Trade names | $ | 1,005 |  |  | 15
Non-compete agreements | 224 |  |  | 3
Customer relationships | 10,950 |  |  | 9
Unpatented technology | 837 |  |  | 8
Total acquired intangible assets | $ | 13,016 |  |  |

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: 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
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4845-128472 + Details
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