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Acquisitions and Divestitures (Tables) | 3 Months Ended
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Mar. 31, 2016
Business Combinations and Dispositions [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The preliminary allocation of the acquisition costs to the assets acquired and liabilities assumed, based on their estimated fair values, is as follows:
|  | Total
Current assets, net of cash acquired |  | $ | 51,887 |
Property, plant and equipment |  | 10,332 |
Goodwill |  | 119,131 |
Intangible assets |  | 92,100 |
Total assets acquired |  | 273,450 |
Current liabilities |  | (6,531 | )
Deferred income taxes |  | (39,114 | )
Other noncurrent liabilities |  | (6,249 | )
Net assets acquired |  | $ | 221,556 |
Schedule of Finite-Lived Intangible Assets | The acquired intangible assets and weighted average amortization periods are as follows:
| Total |  | Weighted Average Life
Trade names | $ | 2,900 |  |  | 15
Customer relationships | 43,500 |  |  | 14
Unpatented technology | 12,900 |  |  | 9
Amortized intangible assets | $ | 59,300 |  |  |
Indefinite lived - Akron Brass trade name | 32,800 |  |  |
Total acquired intangible assets | $ | 92,100 |  |  |

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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=66006027&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=66006027&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=73530397&loc=d3e4845-128472 + Details
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