Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.7.0.1
Intangible Assets
6 Months Ended
Jul. 01, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
The following table summarizes acquired intangible assets as follows: 
 
 
July 1, 2017
 
December 31, 2016
(In thousands)
Weighted
Average Life
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Patents
4 Years
 
$
2,146

 
$
1,544

 
$
2,146

 
$
1,450

Non-compete Agreement
3 Years
 
2,500

 
1,229

 
2,500

 
979

Trade Names
7 Years
 
10,433

 
3,626

 
10,189

 
3,153

Completed and Unpatented Technology
5 Years
 
25,207

 
10,481

 
24,118

 
9,221

Backlog
Less than 1 Year
 
11,384

 
11,277

 
11,224

 
11,224

Customer Relationships
11 Years
 
97,245

 
26,394

 
97,046

 
23,093

Total Intangible Assets
5 Years
 
$
148,915

 
$
54,551

 
$
147,223

 
$
49,120


All acquired intangible assets other than goodwill and one trade name are being amortized. Amortization expense for acquired intangibles is summarized as follows: 
 
Six Months Ended
 
Three Months Ended
(In thousands)
July 1,
2017
 
July 2,
2016
 
July 1,
2017
 
July 2,
2016
Amortization Expense
$
5,340

 
$
5,607

 
$
2,722

 
$
2,799


Amortization expense for acquired intangible assets expected for 2017 and for each of the next five years is summarized as follows:
 
(In thousands)
 
2017
$
10,756

2018
10,314

2019
9,935

2020
9,379

2021
9,333

2022
8,937