XML 28 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Other Intangible Assets, Net
12 Months Ended
Dec. 28, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net
(6.)     GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
The change in the carrying amount of goodwill by reportable segment during fiscal year 2018 was as follows (in thousands):
 
Medical
 
Non-Medical
 
Total
December 29, 2017
$
822,870

 
$
17,000

 
$
839,870

Foreign currency translation
(7,532
)
 

 
(7,532
)
December 28, 2018
$
815,338

 
$
17,000

 
$
832,338


As of December 28, 2018, no accumulated impairment loss has been recognized for the goodwill allocated to the Company’s Medical or Non-Medical segments.
Intangible Assets
Intangible assets are comprised of the following (in thousands):
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
December 28, 2018
 
 
 
 
 
Definite-lived:
 
 
 
 
 
Purchased technology and patents
$
241,726

 
$
(125,540
)
 
$
116,186

Customer lists
710,406

 
(104,556
)
 
605,850

Other
3,503

 
(3,489
)
 
14

Total amortizing intangible assets
$
955,635

 
$
(233,585
)
 
$
722,050

Indefinite-lived:
 
 
 
 
 
Trademarks and tradenames
 
 
 
 
$
90,288

 
 
 
 
 
 
December 29, 2017
 
 
 
 
 
Definite-lived:
 
 
 
 
 
Purchased technology and patents
$
243,679

 
$
(111,185
)
 
$
132,494

Customer lists
718,649

 
(78,621
)
 
640,028

Other
4,660

 
(4,597
)
 
63

Total amortizing intangible assets
$
966,988

 
$
(194,403
)
 
$
772,585

Indefinite-lived:
 
 
 
 
 
Trademarks and tradenames
 
 
 
 
$
90,288


Aggregate intangible asset amortization expense is comprised of the following for fiscal years 2018, 2017 and 2016 (in thousands):
 
2018
 
2017
 
2016
Cost of sales
$
14,134

 
$
15,183

 
$
15,368

SG&A
26,658

 
24,840

 
19,590

RD&E
154

 
545

 
512

Other Operating Expenses (“OOE”)
514

 
2,538

 

Total intangible asset amortization expense
$
41,460

 
$
43,106

 
$
35,470


Estimated future intangible asset amortization expense based upon the carrying value as of December 28, 2018 is as follows (in thousands):
 
2019
 
2020
 
2021
 
2022
 
2023
 
After 2023
Amortization Expense
$
40,200

 
$
40,511

 
$
39,658

 
$
38,623

 
$
36,779

 
$
526,279