Goodwill And Intangible Assets

3 Months Ended

Jan. 01, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

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 October 2, 2021	$	210,779	$	261,767	$	379,059	$	851,605


Divestiture	(6,961)		—		—		(6,961)
Foreign currency translation	(48)		(1)		(2,553)		(2,602)
Balance at January 1, 2022	$	203,770	$	261,766	$	376,506	$	842,042

Goodwill in our Space and Defense Controls segment is net of a $4,800 accumulated impairment loss at January 1, 2022. Goodwill in our Medical Devices reporting unit, included in our Industrial Systems segment, is net of a $38,200 accumulated impairment loss at January 1, 2022.

The components of intangible assets are as follows:


		January 1, 2022				October 2, 2021
	Weighted- Average Life (years)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer-related	11	$	162,552	$	(110,095)	$	163,215	$	(108,844)
Technology-related	9	82,414		(58,963)		82,716		(58,119)
Program-related	23	40,186		(20,142)		40,211		(19,707)
Marketing-related	8	28,511		(22,481)		28,590		(22,212)
Other	10	1,929		(1,691)		1,963		(1,718)
Intangible assets	12	$	315,592	$	(213,372)	$	316,695	$	(210,600)

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 is as follows:


	Three Months Ended
		January 1, 2022		January 2, 2021
Acquired intangible asset amortization		$	3,398	$	2,833

Based on acquired intangible assets recorded at January 1, 2022, amortization is estimated to be approximately:


	2022		2023		2024		2025		2026
Estimated future amortization of acquired intangible assets	$	13,500	$	12,800	$	12,000	$	10,900	$	10,700