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Goodwill and Other Intangible Assets (Notes) | 9 Months Ended
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Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill Changes in the carrying amount of goodwill for the nine months ended September 30, 2023 are summarized as follows (dollars in thousands):
| Packaging |  | Aerospace |  | Specialty Products |  | Total
Balance, December 31, 2022 | $ | 263,550 |  |  | $ | 69,700 |  |  | $ | 6,560 |  |  | $ | 339,810 |
Goodwill from acquisitions | 20,420 |  |  | — |  |  | — |  |  | 20,420 |
Foreign currency translation and other | (1,440) |  |  | (10) |  |  | — |  |  | (1,450) |
Balance, September 30, 2023 | $ | 282,530 |  |  | $ | 69,690 |  |  | $ | 6,560 |  |  | $ | 358,780 |
Other Intangible Assets The Company amortizes its other intangible assets over periods ranging from one to 30 years. The gross carrying amounts and accumulated amortization of the Company's other intangibles are summarized below (dollars in thousands):
|  | As of September 30, 2023 |  | As of December 31, 2022
Intangible Category by Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Finite-lived intangible assets: |  |  |  |  |  |  |  |
Customer relationships, 5 – 12 years |  | $ | 139,730 |  |  | $ | (86,540) |  |  | $ | 131,660 |  |  | $ | (80,000) |
Customer relationships, 15 – 25 years |  | 129,640 |  |  | (79,030) |  |  | 129,650 |  |  | (74,380) |
Total customer relationships |  | 269,370 |  |  | (165,570) |  |  | 261,310 |  |  | (154,380) |
Technology and other, 1 – 15 years |  | 56,830 |  |  | (41,090) |  |  | 56,860 |  |  | (38,990) |
Technology and other, 17 – 30 years |  | 43,300 |  |  | (40,630) |  |  | 43,300 |  |  | (40,330) |
Total technology and other |  | 100,130 |  |  | (81,720) |  |  | 100,160 |  |  | (79,320) |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |
Trademark/Trade names |  | 62,300 |  |  | — |  |  | 60,340 |  |  | — |
Total other intangible assets |  | $ | 431,800 |  |  | $ | (247,290) |  |  | $ | 421,810 |  |  | $ | (233,700) |
Amortization expense related to intangible assets as included in the accompanying consolidated statement of income is summarized as follows (dollars in thousands):
|  | Three months ended September 30, |  | Nine months ended September 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Technology and other, included in cost of sales |  | $ | 800 |  |  | $ | 800 |  |  | $ | 2,410 |  |  | $ | 2,510 |
Customer relationships, included in selling, general and administrative expenses |  | 3,810 |  |  | 3,760 |  |  | 11,400 |  |  | 12,090 |
Total amortization expense |  | $ | 4,610 |  |  | $ | 4,560 |  |  | $ | 13,810 |  |  | $ | 14,600 |

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