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Other Intangible Assets
9 Months Ended
Sep. 28, 2012
Other Intangible Assets  
Other Intangible Assets Text Block

8.       Information related to other intangible assets follows (dollars in thousands):

   Estimated       Foreign   
   Life Original Accumulated Currency Book
   (years) Cost Amortization Translation Value
September 28, 2012              
Customer relationships 2 - 14 $ 144,600 $ (38,886) $ (3,505) $ 102,209
Patents, proprietary technology              
 and product documentation 3 - 11   24,368   (12,452)   (85)   11,831
Trademarks, trade names              
 and other 1 - 5   1,685   (1,608)   -   77
                
       170,653   (52,946)   (3,590)   114,117
Not Subject to Amortization:              
 Brand names     40,580   -   -   40,580
                
Total   $ 211,233 $ (52,946) $ (3,590) $ 154,697
                
December 30, 2011              
Customer relationships 2 - 8 $ 40,925 $ (30,788) $ (181) $ 9,956
Patents, proprietary technology              
 and product documentation 3 - 10   14,668   (10,570)   (87)   4,011
Trademarks, trade names              
 and other 2 - 3   6,140   (5,169)   -   971
                
       61,733   (46,527)   (268)   14,938
Not Subject to Amortization:              
 Brand names     3,180   -   -   3,180
                
Total   $ 64,913 $ (46,527) $ (268) $ 18,118

Amortization of intangibles for the quarter was $4.1 million in 2012 and $2.6 million in 2011, and for the year-to-date was $11.0 million in 2012 and $8.4 million in 2011. Estimated annual amortization expense is as follows: $15.0 million in 2012, $12.4 million in 2013, $9.1 million in 2014, $8.6 million in 2015, $8.3 million in 2016 and $71.7 million thereafter.

Changes in the carrying amount of goodwill in 2012 were as follows (in thousands):

 Beginning balance$ 93,400
 Additions from business acquisitions  81,110
 Foreign currency translation  (2,627)
 Ending balance$ 171,883

See note 12 for information on a significant business acquisition that added goodwill and other identifiable intangible assets to the Industrial segment in 2012.