INTANGIBLE AND OTHER ASSETS

9 Months Ended

Sep. 28, 2019

The following table summarizes intangible and other assets (in thousands):



		September 28, 2019				December 29, 2018
	Useful	Gross		Accumulated		Gross		Accumulated
	Lives	Amount		Amortization		Amount		Amortization
Intangibles-subject to amortization:
Trademarks	10 yrs.	$	4,293	$	3,987	$	4,293	$	3,859
Customer lists	5-10 yrs.	52,097		42,168		52,635		38,028
Patents	3-20 yrs.	2,310		2,176		2,310		2,154
Developed technology	7 yrs.	2,193		411		36,100		15,471
Trade name	6 yrs.	4,502		—		—		—
Other	7-20 yrs.	257		253		261		247
Total intangibles-subject to amortization		65,652		48,995		95,599		59,759
Intangibles-not subject to amortization:
Trade names		11,309				32,427
Other assets:
Other deposits		18,825				19,641
Deferred compensation plan assets		4,975				4,442
Deferred tax asset-net		32,869				23,695
Restricted cash		7,541				7,479
Tax receivable		6,507				7,060
Forward contracts		541				453
Investments		500				500
Other		2,081				1,889
Total other assets		73,839				65,159
Total intangible and other assets		$	150,800	$	48,995	$	193,185	$	59,759
Total intangible and other assets-net				$	101,805			$	133,426

During the Third Quarter, the Company impaired the SKAGEN trade name down to the implied fair value of $4.5 million, as a result of a continued decline in performance throughout fiscal year 2019 and a challenging market dynamic that is not expected to improve in the near-term. Concurrent with the impairment testing, the Company determined the trade name would no longer have an indefinite useful life. As a result of the change in estimate, the useful life of the trade name changed from indefinite to definite, and the trade name will be fully amortized on a straight-line basis over the estimated useful life of 6 years.

Amortization expense for intangible assets was approximately $1.7 million and $2.9 million for the Third Quarter and Prior Year Quarter, respectively, and $5.1 million and $8.9 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)	$	1,880
2020	$	7,029
2021	$	3,207
2022	$	2,367
2023	$	809
Thereafter	$	1,365

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).