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GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jun. 29, 2013
GOODWILL AND INTANGIBLE ASSETS |
Components of amortized intangible assets |
|  | June 29, 2013
--- | --- | ---
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Weighted Average Life
Customer Relationships |  | $ | 171,290 |  | $ | 68,632 |  | 13 years
Proprietary Software & Database |  |  | 3,949 |  |  | 2,824 |  | 6 years
Patents & Proprietary Technology |  |  | 9,592 |  |  | 6,084 |  | 8 years
Non-compete Agreements |  |  | 1,793 |  |  | 1,582 |  | 6 years
|  | $ | 186,624 |  | $ | 79,122 |  |
|  | December 29, 2012
--- | --- | ---
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Weighted Average Life
Customer Relationships |  | $ | 170,556 |  | $ | 62,957 |  | 13 years
Proprietary Software & Database |  |  | 3,073 |  |  | 2,795 |  | 6 years
Patents & Proprietary Technology |  |  | 9,953 |  |  | 5,517 |  | 8 years
Non-compete Agreements |  |  | 1,807 |  |  | 1,542 |  | 6 years
|  | $ | 185,389 |  | $ | 72,811 |  |
Amortization expense for intangible assets |
|  | Thirteen Weeks Ended |  | Twenty-six Weeks Ended |  |
--- | --- | --- | --- | --- | --- | ---
|  | 2013 |  | 2012 |  | 2013 |  | 2012 |  |
|  | $ | 3,458 |  | $ | 3,624 |  | $ | 7,696 |  | $ | 7,169 |  |
Schedule of future estimated amortization expense |
|  | Estimated Amortization Expense |
--- | --- | --- | ---
2013 |  | $ | 15,715 |
2014 |  |  | 14,898 |
2015 |  |  | 14,053 |
2016 |  |  | 13,518 |
2017 |  |  | 13,479 |
Non-amortized intangible assets |
|  | June 29, 2013 |  | December 29, 2012 |  | Year Acquired |
--- | --- | --- | --- | --- | --- | --- | ---
Webforge |  | $ | 16,456 |  | $ | 17,411 |  |  | 2010 |
Newmark |  |  | 11,111 |  |  | 11,111 |  |  | 2004 |
Ingal EPS/Ingal Civil Products |  |  | 8,685 |  |  | 9,189 |  |  | 2010 |
Donhad |  |  | 6,552 |  |  | 6,932 |  |  | 2010 |
Industrial Galvanizers |  |  | 3,809 |  |  | 4,030 |  |  | 2010 |
Other |  |  | 14,355 |  |  | 11,019 |  |  |  |
|  | $ | 60,968 |  | $ | 59,692 |  |  |  |
Carrying amount of goodwill |
|  | Engineered Infrastructure Products Segment |  | Utility Support Structures Segment |  | Coatings Segment |  | Irrigation Segment |  | Other |  | Total |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Balance at December 29, 2012 |  | $ | 155,185 |  | $ | 77,141 |  | $ | 77,053 |  | $ | 2,517 |  | $ | 18,895 |  | $ | 330,791 |
Acquisitions |  |  | 13,326 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 13,326 |
Foreign currency translation |  |  | (9,663 | ) |  | — |  |  | (998 | ) |  | (54 | ) |  | (1,035 | ) |  | (11,750 | )
Other |  |  | 1,737 |  |  | (1,737 | ) |  | — |  |  | — |  |  | — |  |  | — |
Balance at June 29, 2013 |  | $ | 160,585 |  | $ | 75,404 |  | $ | 76,055 |  | $ | 2,463 |  | $ | 17,860 |  | $ | 332,367 |

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph e -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 47 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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