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Intangibles
3 Months Ended
Apr. 01, 2012
Intangibles [Abstract]  
Intangibles

Note 7. Intangibles

The following table presents the gross carrying amount and accumulated amortization of intangible assets as of April 1, 2012 (in thousands):

 

     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
     Weighted
Average
Useful Life
 

Developed technology

   $ 40,200       $ 12,735       $ 27,465         5 years   

In-process research and development

     1,900         69         1,831         7 years   

Customer relationships

     17,600         1,286         16,314         11 years   

Trademarks

     5,200         411         4,789         10 years   

Lease agreements

     2,600         357         2,243         8 years   
  

 

 

    

 

 

    

 

 

    

Total acquired intangible assets from Vocollect acquisition:

     67,500         14,858         52,642      
  

 

 

    

 

 

    

 

 

    

Other intangibles

     14,341         9,680         4,661         5 years   
  

 

 

    

 

 

    

 

 

    

Total

   $ 81,841       $ 24,538       $ 57,303      
  

 

 

    

 

 

    

 

 

    

 

Total amortization expense on intangibles for the three months ended April 1, 2012 and April 3, 2011 was $4.7 million and $1.3 million, respectively. Estimated future amortization expense for intangible assets for the next five years is as follows (in thousands):

 

Year

   Amount  

2012

   $ 18,558   

2013

     16,367   

2014

     8,865   

2015

     6,005   

2016

     3,482