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Acquisitions, Goodwill And Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2017
Business Acquisition |
Schedule of Goodwill | oodwill by reportable segment were as follows:
(In thousands) | OEM Segment |  | Aftermarket Segment |  | Total
Net balance – December 31, 2015 | $ | 69,822 |  |  | $ | 13,797 |  |  | $ | 83,619 |
Acquisitions – 2016 | 5,059 |  |  | 738 |  |  | 5,797 |
Other | (218 | ) |  | — |  |  | (218 | )
Net balance – December 31, 2016 | 74,663 |  |  | 14,535 |  |  | 89,198 |
Acquisitions – 2017 | 29,772 |  |  | — |  |  | 29,772 |
Other | 5,206 |  |  | 7 |  |  | 5,213 |
Net balance – December 31, 2017 | $ | 109,641 |  |  | $ | 14,542 |  |  | $ | 124,183 |
Schedule of Finite-Lived Intangible Assets | Other intangible assets, by segment, consisted of the following at December 31:
(In thousands) | 2017 |  | 2016
OEM Segment | $ | 116,648 |  |  | $ | 97,689 |
Aftermarket Segment | 13,484 |  |  | 15,254 |
Other intangible assets | $ | 130,132 |  |  | $ | 112,943 |
Other intangible assets consisted of the following at December 31, 2017:
(In thousands) | Gross Cost |  | Accumulated Amortization |  | Net Balance |  | Estimated Useful Life in Years
Customer relationships | $ | 138,687 |  |  | $ | 42,276 |  |  | $ | 96,411 |  |  | 6 | to | 16
Patents | 57,576 |  |  | 38,764 |  |  | 18,812 |  |  | 3 | to | 19
Trade names | 10,995 |  |  | 5,381 |  |  | 5,614 |  |  | 3 | to | 15
Non-compete agreements | 8,536 |  |  | 4,128 |  |  | 4,408 |  |  | 3 | to | 6
Other | 309 |  |  | 109 |  |  | 200 |  |  | 2 | to | 12
Purchased research and development | 4,687 |  |  | — |  |  | 4,687 |  |  | Indefinite
Other intangible assets | $ | 220,790 |  |  | $ | 90,658 |  |  | $ | 130,132 |  |  |  |  |
Other intangible assets consisted of the following at December 31, 2016:
(In thousands) | Gross Cost |  | Accumulated Amortization |  | Net Balance |  | Estimated Useful Life in Years
Customer relationships | $ | 110,784 |  |  | $ | 32,414 |  |  | $ | 78,370 |  |  | 6 | to | 16
Patents | 56,468 |  |  | 34,066 |  |  | 22,402 |  |  | 3 | to | 19
Trade names | 10,041 |  |  | 5,667 |  |  | 4,374 |  |  | 3 | to | 15
Non-compete agreements | 5,852 |  |  | 2,975 |  |  | 2,877 |  |  | 3 | to | 6
Other | 309 |  |  | 76 |  |  | 233 |  |  | 2 | to | 12
Purchased research and development | 4,687 |  |  | — |  |  | 4,687 |  |  | Indefinite
Other intangible assets | $ | 188,141 |  |  | $ | 75,198 |  |  | $ | 112,943 |  |  |  |  |
Schedule of Indefinite-Lived Intangible Assets | Other intangible assets, by segment, consisted of the following at December 31:
(In thousands) | 2017 |  | 2016
OEM Segment | $ | 116,648 |  |  | $ | 97,689 |
Aftermarket Segment | 13,484 |  |  | 15,254 |
Other intangible assets | $ | 130,132 |  |  | $ | 112,943 |
Other intangible assets consisted of the following at December 31, 2017:
(In thousands) | Gross Cost |  | Accumulated Amortization |  | Net Balance |  | Estimated Useful Life in Years
Customer relationships | $ | 138,687 |  |  | $ | 42,276 |  |  | $ | 96,411 |  |  | 6 | to | 16
Patents | 57,576 |  |  | 38,764 |  |  | 18,812 |  |  | 3 | to | 19
Trade names | 10,995 |  |  | 5,381 |  |  | 5,614 |  |  | 3 | to | 15
Non-compete agreements | 8,536 |  |  | 4,128 |  |  | 4,408 |  |  | 3 | to | 6
Other | 309 |  |  | 109 |  |  | 200 |  |  | 2 | to | 12
Purchased research and development | 4,687 |  |  | — |  |  | 4,687 |  |  | Indefinite
Other intangible assets | $ | 220,790 |  |  | $ | 90,658 |  |  | $ | 130,132 |  |  |  |  |
Other intangible assets consisted of the following at December 31, 2016:
(In thousands) | Gross Cost |  | Accumulated Amortization |  | Net Balance |  | Estimated Useful Life in Years
Customer relationships | $ | 110,784 |  |  | $ | 32,414 |  |  | $ | 78,370 |  |  | 6 | to | 16
Patents | 56,468 |  |  | 34,066 |  |  | 22,402 |  |  | 3 | to | 19
Trade names | 10,041 |  |  | 5,667 |  |  | 4,374 |  |  | 3 | to | 15
Non-compete agreements | 5,852 |  |  | 2,975 |  |  | 2,877 |  |  | 3 | to | 6
Other | 309 |  |  | 76 |  |  | 233 |  |  | 2 | to | 12
Purchased research and development | 4,687 |  |  | — |  |  | 4,687 |  |  | Indefinite
Other intangible assets | $ | 188,141 |  |  | $ | 75,198 |  |  | $ | 112,943 |  |  |  |  |
Schedule of Estimated Amortization Expense | Amortization expense related to other intangible assets was as follows for the years ended December 31:
(In thousands) | 2017 |  | 2016 |  | 2015
Cost of sales | $ | 5,631 |  |  | $ | 5,967 |  |  | $ | 6,017 |
Selling, general and administrative | 13,942 |  |  | 11,791 |  |  | 10,038 |
Amortization expense | $ | 19,573 |  |  | $ | 17,758 |  |  | $ | 16,055 |
Estimated amortization expense for other intangible assets for the next five years is as follows:
(In thousands) | 2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022
Cost of sales | $ | 5,324 |  |  | $ | 4,680 |  |  | $ | 3,633 |  |  | $ | 3,093 |  |  | $ | 2,229 |
Selling, general and administrative | 13,976 |  |  | 12,672 |  |  | 10,945 |  |  | 9,825 |  |  | 9,168 |
Amortization expense | $ | 19,300 |  |  | $ | 17,352 |  |  | $ | 14,578 |  |  | $ | 12,918 |  |  | $ | 11,397 |
Metallarte S.r.l. |
Business Acquisition |
Schedule of Business Acquisitions | The acquisition of this business was preliminarily recorded on the acquisition date as follows (in thousands):
Cash consideration, net of cash acquired | $ | 13,501 |
Contingent consideration | 2,366 |
Total fair value of consideration given | $ | 15,867 |
Customer relationships | $ | 7,000 |
Other identifiable intangible assets | 2,150 |
Net other liabilities | (320 | )
Total fair value of net assets acquired | $ | 8,830 |
Goodwill (not tax deductible) | $ | 7,037 |
Lexington |
Business Acquisition |
Schedule of Business Acquisitions | The acquisition of this business was preliminarily recorded on the acquisition date as follows (in thousands):
Cash consideration | $ | 40,062 |
Customer relationships | $ | 16,900 |
Other identifiable intangible assets | 1,820 |
Net tangible assets | 4,928 |
Total fair value of net assets acquired | $ | 23,648 |
Goodwill (tax deductible) | $ | 16,414 |
Sessa Klein S.p.A. |
Business Acquisition |
Schedule of Business Acquisitions | The acquisition of this business was recorded on the acquisition date as follows (in thousands):
Cash consideration, net of cash acquired | $ | 6,502 |
Contingent consideration | 4,922 |
Total fair value of consideration given | $ | 11,424 |
Customer relationships | $ | 3,189 |
Other identifiable intangible assets | 1,329 |
Net tangible assets | 585 |
Total fair value of net assets acquired | $ | 5,103 |
Goodwill (not tax deductible) | $ | 6,321 |
Atwood Mobile Products, LLC |
Business Acquisition |
Schedule of Business Acquisitions | The acquisition of this business was recorded on the acquisition date as follows (in thousands):
Cash consideration | $ | 12,463 |
Customer relationships | $ | 1,500 |
Net other assets | 10,915 |
Total fair value of net assets acquired | $ | 12,415 |
Project 2000 |
Business Acquisition |
Schedule of Business Acquisitions | The acquisition of this business was recorded on the acquisition date as follows (in thousands):
Cash consideration, net of cash acquired | $ | 16,618 |
Contingent consideration | 1,322 |
Total fair value of consideration given | $ | 17,940 |
Customer relationships | $ | 9,696 |
Other identifiable intangible assets | 6,141 |
Net other liabilities | (3,482 | )
Total fair value of net assets acquired | $ | 12,355 |
Goodwill (not tax deductible) | $ | 5,585 |
Highwater |
Business Acquisition |
Schedule of Business Acquisitions | The acquisition of this business was recorded on the acquisition date as follows (in thousands):
Cash consideration | $ | 10,000 |
Customer relationships | $ | 8,100 |
Net tangible assets | 1,307 |
Total fair value of net assets acquired | $ | 9,407 |
Goodwill (tax deductible) | $ | 593 |
Signature Seating |
Business Acquisition |
Schedule of Business Acquisitions | The acquisition of this business was recorded on the acquisition date as follows (in thousands):
Cash consideration | $ | 16,000 |
Contingent consideration | 3,556 |
Total fair value of consideration given | $ | 19,556 |
Customer relationships | $ | 7,500 |
Net other assets | 4,023 |
Total fair value of net assets acquired | $ | 11,523 |
Goodwill (tax deductible) | $ | 8,033 |
Spectal Industries, Inc. |
Business Acquisition |
Schedule of Business Acquisitions | The acquisition of this business was recorded on the acquisition date as follows (in thousands):
Cash consideration | $ | 22,335 |
Contingent consideration | 1,211 |
Total fair value of consideration given | $ | 23,546 |
Customer relationships | $ | 10,100 |
Net other assets | 4,381 |
Total fair value of net assets acquired | $ | 14,481 |
Goodwill (tax deductible) | $ | 9,065 |
EA Technologies, LLC |
Business Acquisition |
Schedule of Business Acquisitions | The acquisition of this business was recorded on the acquisition date as follows (in thousands):
Cash consideration | $ | 9,248 |
Identifiable intangible assets | $ | 480 |
Net tangible assets | 8,868 |
Total fair value of net assets acquired | $ | 9,348 |
Gain on bargain purchase | $ | 100 |
Flair Interiors |
Business Acquisition |
Schedule of Business Acquisitions | The acquisition of this business was recorded on the acquisition date as follows (in thousands):
Cash consideration | $ | 8,100 |
Customer relationships | $ | 3,700 |
Net other assets | 2,378 |
Total fair value of net assets acquired | $ | 6,078 |
Goodwill (tax deductible) | $ | 2,022 |

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