XML 59 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Changes in Carrying Amount of Goodwill by Segment

The changes in the carrying amount of goodwill by reportable segments for the years ended December 31, 2017 and 2016 are as follows:

 

     Industrial
Automation
    System
Test
    Wireless
Test
    Semiconductor
Test
    Total  
     (in thousands)  

Balance at December 31, 2015:

          

Goodwill

   $ 214,975     $ 158,699     $ 361,819     $ 260,540     $ 996,033  

Accumulated impairment losses

     —         (148,183     (98,897     (260,540     (507,620
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
     214,975       10,516       262,922       —         488,413  

Foreign currency translation adjustment

     (10,124     —         —         —         (10,124

Goodwill impairment losses

     —         —         (254,946     —         (254,946
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2016:

          

Goodwill

     204,851       158,699       361,819       260,540       985,909  

Accumulated impairment losses

     —         (148,183     (353,843     (260,540     (762,566
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
     204,851       10,516       7,976       —         223,343  

Foreign currency translation adjustment

     28,668       —         —         —         28,668  

Balance at December 31, 2017:

          

Goodwill

     233,519       158,699       361,819       260,540       1,014,577  

Accumulated impairment losses

     —         (148,183     (353,843     (260,540     (762,566
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
   $ 233,519     $ 10,516     $ 7,976     $ —       $ 252,011  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Schedule of Estimated Intangible Assets Amortization Expense

Estimated intangible assets amortization expense for each of the five succeeding fiscal years is as follows:

 

Year

   Amortization Expense  
     (in thousands)  

2018

   $ 29,496  

2019

     25,533  

2020

     11,249  

2021

     3,732  

2022

     2,927  

Thereafter

     6,151  
Wireless Test  
Schedule of Amortizable Intangible Assets

Amortizable intangible assets consist of the following and are included in intangible assets, net on the balance sheets:

 

     December 31, 2017  
     Gross
Carrying
Amount
     Accumulated
Amortization
    Foreign
Currency
Translation
Adjustment
     Net
Carrying
Amount
 
     (in thousands)  

Developed technology

   $ 270,877      $ (226,190   $ 1,618      $ 46,305  

Customer relationships

     92,741        (83,585     171        9,327  

Tradenames and trademarks

     50,100        (27,120     416        23,396  

Non-compete agreement

     320        (260     —          60  
  

 

 

    

 

 

   

 

 

    

 

 

 

Total intangible assets

   $ 414,038      $ (337,155   $ 2,205      $ 79,088  
  

 

 

    

 

 

   

 

 

    

 

 

 

 

     December 31, 2016  
     Gross
Carrying
Amount
     Accumulated
Amortization
    Foreign
Currency
Translation
Adjustment
    Net
Carrying
Amount
 
     (in thousands)  

Developed technology

   $ 270,877      $ (206,376   $ (5,093   $ 59,408  

Customer relationships

     92,741        (76,707     (538     15,496  

Tradenames and trademarks

     50,100        (23,435     (1,308     25,357  

Non-compete agreement

     320        (180     —         140  
  

 

 

    

 

 

   

 

 

   

 

 

 

Total intangible assets

   $ 414,038      $ (306,698   $ (6,939   $ 100,401