XML 78 R13.htm IDEA: XBRL DOCUMENT

Goodwill and Other Intangibles

3 Months Ended

Mar. 28, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The carrying amount of goodwill was $424 million and $356 million at March 28, 2020 and December 31, 2019, respectively. The acquisition of Andrew Alliance increased goodwill by $72 million while the effect of foreign currency translation decreased goodwill by $4 million.

The Company’s intangible assets included in the consolidated balance sheets are detailed as follows (dollars in thousands):


	March 28, 2020						December 31, 2019
					Weighted-						Weighted-
	Gross				Average		Gross				Average
	Carrying		Accumulated		Amortization		Carrying		Accumulated		Amortization
	Amount		Amortization		Period		Amount		Amortization		Period
Capitalized software	$	487,894	$	338,635		5 years	$	481,986	$	333,255		5 years
Purchased intangibles		206,004		152,711		11 years		200,523		151,722		11 years
Trademarks and IPR&D		13,477		—		—		13,782		—		—
Licenses		5,346		5,026		6 years		5,669		5,298		6 years
Patents and other intangibles		82,041		55,001		8 years		83,035		54,517		8 years

Total	$	794,762	$	551,373		7 years	$	784,995	$	544,792		7 years

The gross carrying value of intangible assets and accumulated amortization for intangible assets decreased by $10 million and $7 million, respectively, in the three months ended March 28, 2020 due to the effects of foreign currency translation. Amortization expense for intangible assets was $13 million for both the three months ended March 28, 2020 and March 30, 2019. Amortization expense for intangible assets is estimated to be $50 million per year for each of the next five years.