Goodwill and Intangible Assets

6 Months Ended

Jul. 03, 2011

Goodwill and Intangible Assets [Abstract]

a. Goodwill

The following table summarizes the goodwill activity by segment for the six-month periods ended July 3, 2011 and June 27, 2010:


	Battery &		Communications			Discontinued
	Energy Products		Systems			Operations			Total

Balance at December 31, 2009	$	2,072	$	16,316		$	7,048		$	25,436

Adjustments to purchase price allocation		—		(183	)		912			729
Effect of foreign currency translations		10		—			—			10


Balance at June 27, 2010		2,082		16,133			7,960			26,175

Adjustments to purchase price allocation		—		—			14			14
Impairment charge		—		—			(7,974	)		(7,974	)
Effect of foreign currency translations		61		—			—			61


Balance at December 31, 2010		2,143		16,133			—			18,276

Effect of foreign currency translations		42		—			—			42


Balance at July 3, 2011	$	2,185	$	16,133		$	—		$	18,318

b. Intangible Assets

The composition of intangible assets was:


	July 3, 2011
			Accumulated
	Gross Assets		Amortization		Net

Trademarks	$	3,561	$	—	$	3,561
Patents and technology		4,484		3,274		1,210
Customer relationships		3,975		2,981		994
Distributor relationships		371		292		79
Non-compete agreements		396		396		—


Total intangible assets	$	12,787	$	6,943	$	5,844


	December 31, 2010
			Accumulated
	Gross Assets		Amortization		Net

Trademarks	$	3,559	$	—	$	3,559
Patents and technology		4,474		3,108		1,366
Customer relationships		3,955		2,820		1,135
Distributor relationships		364		274		90
Non-compete agreements		395		395		—


Total intangible assets	$	12,747	$	6,597	$	6,150

Amortization expense for intangible assets was $157 and $314 for the three- and six-month periods ended July 3, 2011, respectively, and $175 and $466 for the three- and six-month periods ended June 27, 2010, respectively.

The change in the gross assets value of total intangible assets from December 31, 2010 to July 3, 2011 is a result of the effect of foreign currency translations.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References+ Details