Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v2.4.1.9
Intangible Assets (Tables)
 3 Months Ended
Apr. 04, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Acquired Intangible Assets

The following table summarizes acquired intangible assets as follows:

 

       April 4, 2015      December 31, 2014  
(In thousands)    Weighted
Average Life		      Gross Carrying
Amount		      Accumulated
Amortization		      Gross Carrying
Amount		      Accumulated
Amortization		  

Patents

      6 Years       $ 2,146       $ 1,124       $ 2,146       $ 1,077   

Trade Names

      9 Years         8,217         1,472         8,304         1,288   

Completed and Unpatented Technology

      7 Years         17,957         4,852         18,107         4,396   

Backlog and Customer Relationships

      12 Years         113,539         22,378         93,448         20,253   
     

 

 

     

 

 

     

 

 

     

 

 

  

Total Intangible Assets

   8 Years    $ 141,859    $ 29,826    $ 122,005    $ 27,014   
     

 

 

     

 

 

     

 

 

     

 

 

  
Summary of Amortization Expense for Acquired Intangibles
Amortization expense for acquired intangibles is summarized as follows:

 

     Three Months Ended  
(In thousands)    April 4,
2015		      March 29,
2014		  

Amortization Expense

    $ 2,852       $ 2,467   
  

 

 

     

 

 
Summary of Amortization Expense for Intangible Assets for Each of Next Five Years

Amortization expense for intangible assets expected for 2015 and for each of the next five years is summarized as follows:

 

(In thousands)       

2015

    $ 11,100   

2016

      10,710   

2017

      10,293   

2018

      9,980   

2019

      9,579   

2020

      9,524