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Goodwill And Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule Of Goodwill And Other Intangibles
The components of goodwill and identifiable intangibles at December 31, 2017 and 2016, and related amortization periods for continuing operations are as follows:
(In thousands)
 
2017
 
2016
 
Amortization Periods
Goodwill
$
128,208

 
$
117,822

 
Not amortized
Identifiable intangible assets:(a)
 
 
 
 
 
Customer relationships (cost basis of $29,647 in 2017 and $26,021 in 2016)
25,444

 
14,844

 
10-12 years
Proprietary technology (cost basis of $6,203 in 2017 and $17,366 in 2016)
1,700

 
7,582

 
Not more than 15 years
Trade names (cost basis of $13,887 in 2017 and $11,175 in 2016)
13,408

 
11,175

 
5 - 13 years(b)
Total carrying value of identifiable intangibles
40,552

 
33,601

 
 
Total carrying value of goodwill and identifiable intangible assets
$
168,760

 
$
151,423

 
 
Reconciliation Of The Beginning And Ending Balance Of Goodwill
A reconciliation of the beginning and ending balance of goodwill for each of the two years in the period ended December 31, 2017 is as follows:
(In thousands)
 
PE Films
 
Aluminum Extrusions
 
Total
Net carrying value of goodwill at January 1, 2016
$
104,143

 
$
13,696

 
$
117,839

Increase (decrease) due to foreign currency translation
(17
)
 

 
(17
)
Net carrying value of goodwill at December 31, 2016
104,126

 
13,696

 
117,822

Acquisitions

 
10,370

 
10,370

Increase (decrease) due to foreign currency translation
16

 

 
16

Net carrying value of goodwill at December 31, 2017
$
104,142

 
$
24,066

 
$
128,208

Schedule Of Expected Amortization Expense
Amortization expense for continuing operations over the next five years is expected to be as follows:
Year
Amount
(In thousands)
2018
$
3,985

2019
3,585

2020
3,585

2021
3,585

2022
3,460