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Goodwill and Intangible Assets | 3 Months Ended
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Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | Goodwill and Intangible Assets Goodwill represents the excess of the cost of an acquisition over the fair value of the net assets acquired. The company tests goodwill and other indefinite-lived intangible assets for impairment annually as of the first day of the fourth quarter, or more frequently if indicators of potential impairment exist. Goodwill of companies acquired, allocated to the company's business segments, is as follows:
|  | Global Components |  | Global ECS |  | Total
Balance as of December 31, 2018 (a) |  | $ | 1,437,501 |  |  | $ | 1,187,189 |  |  | $ | 2,624,690 |
Dispositions and related adjustments |  | — |  |  | (1,386 | ) |  | (1,386 | )
Foreign currency translation adjustment |  | 15,869 |  |  | (6,722 | ) |  | 9,147 |
Balance as of March 30, 2019 (a) |  | $ | 1,453,370 |  |  | $ | 1,179,081 |  |  | $ | 2,632,451 |
(a) | The total carrying value of goodwill as of March 30, 2019 and December 31, 2018 in the table above is reflected net of $1,018,780 of accumulated impairment charges, of which $716,925 was recorded in the global components business segment and $301,855 was recorded in the global enterprise computing solutions ("ECS") business segment.
Intangible assets, net, are comprised of the following as of March 30, 2019:
|  | Weighted-Average Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Non-amortizable trade names |  | indefinite |  | $ | 101,000 |  |  | $ | — |  |  | $ | 101,000 |
Customer relationships |  | 11 years |  | 482,084 |  |  | (232,649 | ) |  | 249,435 |
Developed technology |  | 5 years |  | 6,340 |  |  | (4,596 | ) |  | 1,744 |
Amortizable trade name |  | 9 years |  | 21,407 |  |  | (4,295 | ) |  | 17,112 |
|  |  |  | $ | 610,831 |  |  | $ | (241,540 | ) |  | $ | 369,291 |
Intangible assets, net, are comprised of the following as of December 31, 2018:
|  | Weighted-Average Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Non-amortizable trade names |  | indefinite |  | $ | 101,000 |  |  | $ | — |  |  | $ | 101,000 |
Customer relationships |  | 11 years |  | 475,050 |  |  | (221,822 | ) |  | 253,228 |
Developed technology |  | 5 years |  | 6,340 |  |  | (4,311 | ) |  | 2,029 |
Amortizable trade name |  | 9 years |  | 19,940 |  |  | (3,553 | ) |  | 16,387 |
|  |  |  | $ | 602,330 |  |  | $ | (229,686 | ) |  | $ | 372,644 |
During the first quarter of 2019 and 2018, the company recorded amortization expense related to identifiable intangible assets of $11,930 and $13,520, respectively.

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- Definition The entire disclosure for goodwill. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
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