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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2014
Changes To Goodwill
Changes to goodwill are as follows:
(in thousands)
Three Months Ended March 31, 2014
 
Year Ended December 31, 2013
Balance at beginning of period
$
1,249,316

 
$
813,792

Additions

 
442,170

Disposals

 
(2,834
)
Currency translation and other
(2,216
)
 
(3,812
)
Balance at end of period
$
1,247,100

 
$
1,249,316

Changes To Intangible Assets
Changes to intangible assets are as follows:
(in thousands)
Three Months Ended March 31, 2014
 
Year Ended December 31, 2013
Balance at beginning of period, net of accumulated amortization
$
408,923

 
$
125,913

Additions

 
301,800

Disposals

 
(311
)
Amortization expense
(12,441
)
 
(18,795
)
Currency translation and other
1,855

 
316

Balance at end of period, net of accumulated amortization
$
398,337

 
$
408,923

Summary Of Intangible Assets
A summary of intangible assets follows:
 
Weighted Average
Amortization Period of Finite Lived Assets (in years)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2014
 
December 31, 2013
(in thousands)
 
Gross
Asset
 
Accumulated
Amortization
 
Net
 
Gross
Asset
 
Accumulated
Amortization
 
Net
Intellectual property rights
16.5
 
$
94,858

 
$
49,598

 
$
45,260

 
$
95,052

 
$
48,960

 
$
46,092

Customer relationships and backlog
13.9
 
422,404

 
96,473

 
325,931

 
420,951

 
86,556

 
334,395

Drawings
37.9
 
11,149

 
9,976

 
1,173

 
11,149

 
9,951

 
1,198

Other
12.7
 
64,831

 
38,858

 
25,973

 
64,800

 
37,562

 
27,238

Total
14.4
 
$
593,242

 
$
194,905

 
$
398,337

 
$
591,952

 
$
183,029

 
$
408,923