Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

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Intangible Assets
6 Months Ended
Jul. 04, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
The following table summarizes acquired intangible assets as follows:
 
 
 
July 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

 
$
1,171

 
$
2,146

 
$
1,077

Non-compete Agreement
5 Years
 
2,600

 
238

 

 

Trade Names
9 Years
 
10,230

 
1,748

 
8,304

 
1,288

Completed and Unpatented Technology
7 Years
 
24,079

 
5,584

 
18,107

 
4,396

Backlog and Customer Relationships
12 Years
 
107,928

 
24,012

 
93,448

 
20,253

Total Intangible Assets
8 Years
 
$
146,983

 
$
32,753

 
$
122,005

 
$
27,014


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 4,
2015
 
June 28,
2014
 
July 4,
2015
 
June 28,
2014
Amortization Expense
$
5,772

 
$
4,904

 
$
2,920

 
$
2,437


Amortization expense for acquired intangible assets expected for 2015 and for each of the next five years is summarized as follows:
 
(In thousands)
 
2015
$
11,452

2016
10,791

2017
10,361

2018
10,048

2019
9,647

2020
9,094




The Company also incurs amortization expense related to other assets. Such amortization expense was not significant in the three or six months ended July 4, 2015 and June 28, 2014.