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INTANGIBLE ASSETS AND GOODWILL (Tables)
3 Months Ended
Apr. 01, 2018
INTANGIBLE ASSETS AND GOODWILL  
Schedule of intangible assets and goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

Amortization

 

April 1,

 

(in thousands)

 

2017

 

Expense

 

2018

 

Intangible assets subject to amortization

 

$

839,284

 

$

 —

 

$

839,284

 

Accumulated amortization

 

 

(761,013)

 

 

(12,036)

 

 

(773,049)

 

 

 

 

78,271

 

 

(12,036)

 

 

66,235

 

Mastheads

 

 

149,951

 

 

 —

 

 

149,951

 

Goodwill

 

 

705,174

 

 

 —

 

 

705,174

 

Total

 

$

933,396

 

$

(12,036)

 

$

921,360

 

 

Summary of amortization expense with respect to intangible assets

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

April 1,

 

March 26,

 

(in thousands)

 

2018

 

2017

 

Amortization expense

 

$

12,036

 

$

12,083

 

 

Amortization expense for the five succeeding fiscal years

The estimated amortization expense for the remainder of fiscal year 2018 and the five succeeding fiscal years is as follows: 

 

 

 

 

 

 

 

Amortization

 

 

Expense

Year

 

(in thousands)

2018 (Remainder)

 

$

35,624

2019

 

 

24,154

2020

 

 

803

2021

 

 

680

2022

 

 

655

2023

 

 

667