XML 23 R13.htm IDEA: XBRL DOCUMENT
v3.19.2

Goodwill and Other Intangible Assets | 6 Months Ended
--- | ---
Jun. 29, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets The amounts for goodwill and changes in the carrying value by segment for the six months ended June 29, 2019 are as follows:
(in thousands) |  | Electronics |  | Automotive |  | Industrial |  | Total
As of December 29, 2018 |  | $ | 656,039 |  |  | $ | 132,332 |  |  | $ | 38,344 |  |  | $ | 826,715 |
Currency translation |  | (529 | ) |  | 89 |  |  | 133 |  |  | (307 | )
As of June 29, 2019 |  | $ | 655,510 |  |  | $ | 132,421 |  |  | $ | 38,477 |  |  | $ | 826,408 |
The components of other intangible assets at June 29, 2019 are as follows:
(in thousands) |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Book Value
Patents, licenses and software |  | $ | 139,415 |  |  | $ | 75,175 |  |  | $ | 64,240 |
Distribution network |  | 43,900 |  |  | 35,702 |  |  | 8,198 |
Customer relationships, trademarks, and tradenames |  | 374,658 |  |  | 105,922 |  |  | 268,736 |
Total |  | $ | 557,973 |  |  | $ | 216,799 |  |  | $ | 341,174 |
During the three months ended June 29, 2019 and June 30, 2018, the Company recorded amortization expense of $10.1 million and $13.4 million, respectively. During the six months ended June 29, 2019 and June 30, 2018, the Company recorded amortization expense of $20.2 million and $25.4 million, respectively. Estimated annual amortization expense related to intangible assets with definite lives as of June 29, 2019 is as follows:
(in thousands) | Amount
2019 | $ | 40,119 |
2020 | 39,458 |
2021 | 36,833 |
2022 | 36,743 |
2023 | 31,524 |
2024 and thereafter | 176,738 |
Total | $ | 361,415 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration