| Intangible Assets |
4) Intangible Assets
The following table summarizes acquired intangible assets as
follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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| |
|
|
|
|
September 27, 2014 |
|
|
December 31, 2013 |
|
| (In thousands) |
|
Weighted
Average Life |
|
|
Gross Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Gross Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Patents
|
|
|
7 Years |
|
|
$ |
2,146 |
|
|
$ |
1,031 |
|
|
$ |
2,146 |
|
|
$ |
891 |
|
|
Trade Names
|
|
|
9 Years |
|
|
|
8,344 |
|
|
|
1,104 |
|
|
|
7,453 |
|
|
|
552 |
|
|
Completed and Unpatented Technology
|
|
|
7 Years |
|
|
|
16,958 |
|
|
|
3,743 |
|
|
|
15,377 |
|
|
|
2,620 |
|
|
Backlog and Customer Relationships
|
|
|
11 Years |
|
|
|
91,771 |
|
|
|
18,056 |
|
|
|
88,998 |
|
|
|
7,210 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Intangible Assets
|
|
|
9 Years |
|
|
$ |
119,219 |
|
|
$ |
23,934 |
|
|
$ |
113,974 |
|
|
$ |
11,273 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
All acquired intangible assets other than goodwill and one trade
name are being amortized. Amortization expense for acquired
intangibles is summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Nine Months Ended |
|
|
Three Months Ended |
|
| (In thousands) |
|
Sept. 27,
2014 |
|
|
Sept. 28,
2013 |
|
|
Sept. 27,
2014 |
|
|
Sept. 28,
2013 |
|
|
|
|
|
|
|
Amortization Expense
|
|
$ |
12,673 |
|
|
$ |
2,429 |
|
|
$ |
7,769 |
|
|
$ |
1,494 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization expense for intangible assets expected for 2014 and
for each of the next five years is summarized as follows:
|
|
|
|
|
| (In thousands) |
|
|
|
|
|
|
2014
|
|
$ |
15,651 |
|
|
2015
|
|
|
8,554 |
|
|
2016
|
|
|
8,092 |
|
|
2017
|
|
|
7,677 |
|
|
2018
|
|
|
7,585 |
|
|
2019
|
|
|
7,433 |
|
|