Other Intangible Assets

9 Months Ended

Sep. 29, 2012

Other Intangible Assets [Abstract]

Other Intangible Assets

Note 3 – Other Intangible Assets

Other intangible assets are as follows:

	September 29, 2012			December 31, 2011
Intangible Assets Subject to Amortization
(Definite-lived):
Patents and acquired technology	$	115,154		$	111,428
Capitalized software		55,873			53,721
Customer relationships		97,451			57,723
Tradenames		36,907			36,762
Non-competition agreements		1,700			1,000
		307,085			260,634
Accumulated amortization:
Patents and acquired technology		(92,094	)		(89,379	)
Capitalized software		(50,495	)		(47,836	)
Customer relationships		(31,539	)		(26,174	)
Tradenames		(16,240	)		(13,615	)
Non-competition agreements		(350	)		(62	)
		(190,718	)		(177,066	)
Net Intangible Assets Subject to Amortization		116,367			83,568
Intangible Assets Not Subject to Amortization
(Indefinite-lived):
Tradenames		20,359			20,359
	$	136,726		$	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 nine fiscal months ended September 29, 2012 was $3,700 and $10,989, respectively, compared to amortization expense (excluding capitalized software) of $3,787 and $11,352 for the fiscal quarter and nine fiscal months ended October 1, 2011, respectively.  HiRel Systems LLC intangible assets accounted for $694 and $1,975 of amortization expense for the fiscal quarter and nine fiscal months ended September 29, 2012, respectively.

Estimated annual amortization expense of intangible assets (excluding capitalized software) on the balance sheet at September 29, 2012 for the full year 2012 and each of the next four years is as follows:

2012	$	14,861
2013		15,342
2014		15,222
2015		15,154
2016		13,479