Other Intangible Assets

6 Months Ended

Jun. 30, 2012

Other Intangible Assets [Abstract]

Other Intangible Assets

Note 3 – Other Intangible Assets

Other intangible assets are as follows:

	June 30, 2012			December 31, 2011
Intangible Assets Subject to Amortization
(Definite-lived):
Patents and acquired technology	$	113,938		$	111,428
Capitalized software		54,216			53,721
Customer relationships		97,352			57,723
Tradenames		36,428			36,762
Non-competition agreements		1,700			1,000
		303,634			260,634
Accumulated amortization:
Patents and acquired technology		(90,026	)		(89,379	)
Capitalized software		(49,214	)		(47,836	)
Customer relationships		(29,604	)		(26,174	)
Tradenames		(15,159	)		(13,615	)
Non-competition agreements		(252	)		(62	)
		(184,255	)		(177,066	)
Net Intangible Assets Subject to Amortization		119,379			83,568
Intangible Assets Not Subject to Amortization
(Indefinite-lived):
Tradenames		20,359			20,359
	$	139,738		$	103,927

The increase in net intangible assets from December 31, 2011 is mainly attributable to the acquisition of HiRel Systems LLC on January 13, 2012.  The Company allocated $43,950 of the purchase price to definite-lived intangible assets.  Amortization expense (excluding capitalized software) for the fiscal quarter and six fiscal months ended June 30, 2012 was $3,690 and $7,289, respectively, compared to amortization expense (excluding capitalized software) of $3,796 and $7,565 for the fiscal quarter and six fiscal months ended July 2, 2011, respectively.  HiRel Systems LLC intangible assets accounted for $694 and $1,281 of amortization expense for the fiscal quarter and six fiscal months ended June 30, 2012, respectively.

Estimated annual amortization expense of intangible assets (excluding capitalized software) on the balance sheet at June 30, 2012 for the full year 2012 and each of the next four years is as follows:

2012	$	15,213
2013		15,272
2014		15,152
2015		15,085
2016		13,413