Goodwill and Other Intangibles

9 Months Ended

Sep. 26, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

6 Goodwill and Other Intangibles

The carrying amount of goodwill was $431 million and $356 million at September 26, 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 $3 million.

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


	September 26, 2020						December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Weighted- Average Amortization Period		Gross Carrying Amount		Accumulated Amortization		Weighted- Average Amortization Period
Capitalized software	$	542,127	$	378,999		5 years	$	481,986	$	333,255		5 years
Purchased intangibles		209,877		159,747		11 years		200,523		151,722		11 years
Trademarks and IPR&D		13,702		—		—		13,782		—		—
Licenses		5,600		5,345		6 years		5,669		5,298		6 years
Patents and other intangibles		86,972		59,019		8 years		83,035		54,517		8 years

Total	$	858,278	$	603,110		7 years	$	784,995	$	544,792		7 years

The gross carrying value of intangible assets and accumulated amortization for intangible assets increased by $25 million and $17 million, respectively, in the nine months ended September 26, 2020 due to the effects of foreign currency translation. Amortization expense for intangible assets was $15 million and $13 million for the three months ended September 26, 2020 and September 28, 2019, respectively. Amortization expense for intangible assets was $

million and $

million for the nine months ended September 26, 2020 and September 28, 2019, respectively. Amortization expense for intangible assets is estimated to be $55 million per year for each of the next five years.