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INTANGIBLE AND OTHER ASSETS
6 Months Ended
Jun. 29, 2019
INTANGIBLE AND OTHER ASSETS  
INTANGIBLE AND OTHER ASSETS INTANGIBLE AND OTHER ASSETS
 
The following table summarizes intangible and other assets (in thousands):
 
 
 
 
June 29, 2019
 
December 29, 2018
 
 
Useful
 
Gross
 
Accumulated
 
Gross
 
Accumulated
 
 
Lives
 
Amount
 
Amortization
 
Amount
 
Amortization
Intangibles-subject to amortization:
 
 
 
 

 
 

 
 

 
 

Trademarks
 
10 yrs.
 
$
4,293

 
$
3,945

 
$
4,293

 
$
3,859

Customer lists
 
5-10 yrs.
 
52,684

 
41,109

 
52,635

 
38,028

Patents
 
3-20 yrs.
 
2,310

 
2,169

 
2,310

 
2,154

Developed technology
 
7 yrs.
 
2,193

 
274

 
36,100

 
15,471

Other
 
7-20 yrs.
 
261

 
253

 
261

 
247

Total intangibles-subject to amortization
 
 
 
61,741

 
47,750

 
95,599

 
59,759

Intangibles-not subject to amortization:
 
 
 
 

 
 

 
 

 
 

Trade names
 
 
 
32,431

 
 

 
32,427

 
 

Other assets:
 
 
 
 

 
 

 
 

 
 

Other deposits
 
 
 
18,881

 
 

 
19,641

 
 

Deferred compensation plan assets
 
 
 
4,788

 
 

 
4,442

 
 

Deferred tax asset-net
 
 
 
34,274

 
 

 
23,695

 
 

Restricted cash
 
 
 
7,861

 
 

 
7,479

 
 

Tax receivable
 
 
 
7,060

 
 
 
7,060

 
 
Forward contracts
 
 
 
121

 
 

 
453

 
 

Investments
 
 
 
500

 
 
 
500

 
 
Other
 
 
 
2,164

 
 

 
1,889

 
 

Total other assets
 
 
 
75,649

 
 
 
65,159

 
 
Total intangible and other assets
 
 
 
$
169,821

 
$
47,750

 
$
193,185

 
$
59,759

Total intangible and other assets-net
 
 
 
 

 
$
122,071

 
 

 
$
133,426


 
Amortization expense for intangible assets was approximately $1.7 million and $3.0 million for the Second Quarter and Prior Year Quarter, respectively, and $3.4 million and $6.0 million for the Year To Date Period and Prior Year YTD Period, respectively. Estimated aggregate future amortization expense by fiscal year for intangible assets is as follows (in thousands):
Fiscal Year
 
Amortization
Expense
2019 (remaining)
 
$
3,421

2020
 
$
6,327

2021
 
$
2,499

2022
 
$
1,635

2023
 
$
59

2024
 
$
50



On January 16, 2019, the Company sold intellectual property related to a smartwatch technology under development by the Company to Google, Inc. for a cash purchase price of $40.0 million. As a result of the sale, the Company reduced intangible assets by $18.4 million and recorded a gain of $21.6 million in other income (expense) - net in the Company's condensed consolidated statements of income (loss) and comprehensive income (loss).