Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v2.4.0.6
Intangible Assets
 3 Months Ended
Mar. 30, 2013
Intangible Assets/Goodwill [Abstract]  
Intangible Assets

4) Intangible Assets

The following table summarizes acquired intangible assets as follows:

 

                                         
      March 30, 2013     December 31, 2012  
(In thousands)   Weighted
Average Life 		    Gross Carrying
Amount 		    Accumulated
Amortization 		    Gross Carrying
Amount 		    Accumulated
Amortization 		 

Patents

     12 Years       1,271       809     $ 1,271     $ 784  

Trade Names

     10 Years       2,453       210       2,453       162  

Completed and Unpatented Technology

     11 Years       6,377       1,891       6,377       1,749  

Backlog and Customer Relationships

     12 Years       12,772       3,907       13,085       3,968  
           

 

 

    

 

 

    

 

 

    

 

 

  

Total Intangible Assets

     11 Years       22,873       6,817     $ 23,186     $ 6,663  
           

 

 

    

 

 

    

 

 

    

 

 

  

All acquired intangible assets other than goodwill and one trade name are being amortized. Amortization expense for acquired intangibles is summarized as follows:

 

                 
    Three Months Ended  
(In thousands)   March 30,
2013		     March 31,
2012		  

Amortization Expense

   $ 468     $ 350  
   

 

 

    

 

 

  

Amortization expense for intangible assets expected for 2013 and for each of the next five years is summarized as follows:

 

         
(In thousands)      

2013

   $ 1,727  

2014

     1,518  

2015

     1,473  

2016

     1,470  

2017

     1,462  

2018

     1,371