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Goodwill and Intangible Assets (Tables)

3 Months Ended

Apr. 03, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill of companies acquired

Goodwill of companies acquired, allocated to the company’s business segments, is as follows:

						Global Components						Global ECS						Total
Balance as of December 31, 2020 (a)						$	894,975					$	1,220,494					$	2,115,469
Foreign currency translation adjustment						(7,007)						(6,524)						(13,531)
Balance as of April 3, 2021 (a)						$	887,968					$	1,213,970					$	2,101,938

(a)     The total carrying value of goodwill as of April 3, 2021 and December 31, 2020 in the table above is reflected net of $1,588,955 of accumulated impairment charges, of which $1,287,100 was recorded in the global components business segment and $301,855 was recorded in the global enterprise computing solutions ("ECS") business segment.

Schedule of Intangible assets, net

Intangible assets, net, are comprised of the following as of April 3, 2021:

						Weighted-Average Life						Gross Carrying Amount						Accumulated Amortization						Net
Customer relationships						12 years						$	329,938					$	(159,928)					$	170,010
Amortizable trade name						8 years						74,444						(20,606)						53,838
												$	404,382					$	(180,534)					$	223,848

Intangible assets, net, are comprised of the following as of December 31, 2020:

						Weighted-Average Life						Gross Carrying Amount						Accumulated Amortization						Net
Customer relationships						12 years						$	335,027					$	(157,151)					$	177,876
Amortizable trade name						8 years						74,008						(18,065)						55,943
												$	409,035					$	(175,216)					$	233,819

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

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-Name Accounting Standards Codification
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