Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Other Intangible Assets [Abstract]

Goodwill Rollforward

The changes in the carrying amount of goodwill by segment for the years ended December 31, 2021 and 2020 were as follows:

	Optoelectronic Components		Resistors			Inductors		Total
Balance at December 31, 2019	$	96,849	$	27,978		$	25,815	$	150,642
Applied Thin-Film Products acquisition		-		6,548			-		6,548
Exchange rate effects		-		993			-		993
Balance at December 31, 2020	$	96,849	$	35,519		$	25,815	$	158,183
Barry Industries acquisition		-		7,813			-		7,813
Exchange rate effect		-		(727	)		-		(727	)
Balance at December 31, 2021	$	96,849	$	42,605		$	25,815	$	165,269

Other Intangible Assets

Other intangible assets are as follows:

	December 31, 2021			December 31, 2020
Intangible assets subject to amortization:
Patents and acquired technology	$	21,207		$	21,259
Capitalized software		57,909			58,419
Customer relationships		75,190			71,454
Tradenames		20,066			23,105
Other		400			-
		174,772			174,237
Accumulated amortization:
Patents and acquired technology		(14,212	)		(14,340	)
Capitalized software		(52,729	)		(52,990	)
Customer relationships		(29,531	)		(28,659	)
Tradenames		(10,586	)		(11,453	)
Other		-			-
		(107,058	)		(107,442	)
Net Intangible Assets Subject to Amortization	$	67,714		$	66,795

Estimated Annual Amortization Expense for Each of the Next Five Years

Estimated annual amortization expense of intangible assets on the balance sheet at December 31, 2021 for each of the next five years is as follows:

2022	$	7,930
2023		7,710
2024		7,395
2025		7,017
2026		6,221