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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 26, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | The amounts for goodwill and changes in the carrying value by segment are as follows:
(in thousands) | Electronics |  | Automotive |  | Industrial |  | Total
Gross goodwill as of December 29, 2018 | $ | 656,039 |  |  | $ | 132,332 |  |  | $ | 46,830 |  |  | $ | 835,201 |
Accumulated impairment losses as of December 29, 2018 | — |  |  | — |  |  | (8,486) |  |  | (8,486) |
Net goodwill as of December 29, 2018 | $ | 656,039 |  |  | $ | 132,332 |  |  | $ | 38,344 |  |  | $ | 826,715 |
Changes during 2019: |  |  |  |  |  |  |
Foreign currency translation adjustments | (5,243) |  |  | (1,011) |  |  | 128 |  |  | (6,126) |
Gross goodwill as of December 28, 2019 | 650,796 |  |  | 131,321 |  |  | 47,266 |  |  | 829,383 |
Accumulated impairment losses as of December 28, 2019 | — |  |  | — |  |  | (8,794) |  |  | (8,794) |
Net goodwill as of December 28, 2019 | $ | 650,796 |  |  | $ | 131,321 |  |  | $ | 38,472 |  |  | $ | 820,589 |
Changes during 2020: |  |  |  |  |  |  |
Impairments | — |  |  | (33,841) |  |  | — |  |  | (33,841) |
Foreign currency translation adjustments | 25,529 |  |  | 4,451 |  |  | 84 |  |  | 30,064 |
Gross goodwill as of December 26, 2020 | 676,325 |  |  | 138,354 |  |  | 47,551 |  |  | 862,230 |
Accumulated impairment losses as of December 26, 2020 | — |  |  | (36,423) |  |  | (8,995) |  |  | (45,418) |
Net goodwill as of December 26, 2020 | $ | 676,325 |  |  | $ | 101,931 |  |  | $ | 38,556 |  |  | $ | 816,812 |
Schedule of finite-lived intangible assets | The components of intangible assets at December 26, 2020 and December 28, 2019 are as follows:
| As of December 26, 2020
(in thousands) | Gross Carrying Value |  | Accumulated Amortization |  | Net Book Value
Land use rights | $ | 10,280 |  |  | $ | 2,007 |  |  | $ | 8,273 |
Patents, licenses and software | $ | 137,210 |  |  | $ | 92,868 |  |  | $ | 44,342 |
Distribution network | 43,910 |  |  | 38,980 |  |  | 4,930 |
Customer relationships, trademarks, and tradenames | 372,064 |  |  | 137,722 |  |  | 234,342 |
Total | $ | 563,464 |  |  | $ | 271,577 |  |  | $ | 291,887 |
| As of December 28, 2019
(in thousands) | Gross Carrying Value |  | Accumulated Amortization |  | Net Book Value
Land use rights | $ | 9,649 |  |  | $ | 1,730 |  |  | $ | 7,919 |
Patents, licenses and software | $ | 131,164 |  |  | $ | 78,828 |  |  | $ | 52,336 |
Distribution network | 43,239 |  |  | 36,163 |  |  | 7,076 |
Customer relationships, trademarks, and tradenames | 360,534 |  |  | 106,618 |  |  | 253,916 |
Total | $ | 544,586 |  |  | $ | 223,339 |  |  | $ | 321,247 |
During the year ended December 29, 2018, the Company recorded additions to other intangible assets of $212.7 million, for acquisitions during 2018, the components of which were as follows:
| 2018
(in thousands, except weighted average useful life) | Weighted Average Useful Life (Years) |  | Amount
Patents, licenses and software | 8.0 |  | $ | 51,500 |
Customer relationships, trademarks, and tradenames | 17.2 |  | 148,800 |
Order backlog | 1.0 |  | 12,420 |
Total |  |  | $ | 212,720 |
Schedule of finite-lived intangible assets, future amortization expense | Estimated annual amortization expense related to intangible assets with definite lives at December 26, 2020 is as follows:
(in thousands) | Amount
2021 | $ | 38,858 |
2022 | 37,851 |
2023 | 33,279 |
2024 | 30,121 |
2025 | 29,689 |
2026 and thereafter | 122,089 |
Total | $ | 291,887 |

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