XML 25 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill And Intangible Assets
3 Months Ended
Dec. 29, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Intangible Assets Goodwill and Intangible Assets
The changes in the carrying amount of goodwill are as follows:
 
Aircraft
Controls
Space and
Defense
Controls
Industrial
Systems
Total
Balance at September 29, 2018
$
179,907

$
261,732

$
355,578

$
797,217

Divestitures


(1,237
)
(1,237
)
Foreign currency translation
(1,339
)
(22
)
(3,419
)
(4,780
)
Balance at December 29, 2018
$
178,568

$
261,710

$
350,922

$
791,200


Goodwill in our Space and Defense Controls segment is net of a $4,800 accumulated impairment loss at December 29, 2018.
Goodwill in our Medical Devices reporting unit, included in our Industrial Systems segment, is net of a $38,200 accumulated impairment loss at December 29, 2018.
The components of intangible assets are as follows:
 
 
 
 
December 29, 2018
 
September 29, 2018
  
 
Weighted-
Average
Life (years)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Customer-related
 
11
 
$
134,356

 
$
(97,123
)
 
$
135,379

 
$
(96,090
)
Technology-related
 
9
 
69,172

 
(50,351
)
 
69,393

 
(49,731
)
Program-related
 
19
 
63,646

 
(33,909
)
 
64,988

 
(33,740
)
Marketing-related
 
8
 
23,351

 
(19,194
)
 
23,489

 
(18,868
)
Other
 
10
 
4,238

 
(3,595
)
 
4,305

 
(3,588
)
Intangible assets
 
12
 
$
294,763

 
$
(204,172
)
 
$
297,554

 
$
(202,017
)


Substantially all acquired intangible assets other than goodwill are being amortized. Customer-related intangible assets primarily consist of customer relationships. Technology-related intangible assets primarily consist of technology, patents, intellectual property and software. Program-related intangible assets consist of long-term programs represented by current contracts and probable follow on work. Marketing-related intangible assets primarily consist of trademarks, trade names and non-compete agreements.
Amortization of acquired intangible assets was $3,683 for the three months ended December 29, 2018 and $4,600 for the three months ended December 30, 2017. Based on acquired intangible assets recorded at December 29, 2018, amortization is expected to be approximately $13,100 in 2019, $11,400 in 2020, $9,500 in 2021, $8,000 in 2022 and $7,200 in 2023.