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INTANGIBLE ASSETS AND GOODWILL (Tables)
9 Months Ended
Sep. 29, 2019
INTANGIBLE ASSETS AND GOODWILL  
Schedule of intangible assets and goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 30,

 

Impairment

 

Amortization

 

September 29,

(in thousands)

    

2018

    

Charges

    

Expense

    

2019

Intangible assets subject to amortization

 

$

838,336

 

$

 —

 

$

 —

 

$

838,336

Accumulated amortization

 

 

(807,725)

 

 

 —

 

 

(23,878)

 

 

(831,603)

 

 

 

30,611

 

 

 —

 

 

(23,878)

 

 

6,733

Mastheads

 

 

112,736

 

 

(37,191)

 

 

 —

 

 

75,545

Goodwill

 

 

705,174

 

 

(258,079)

 

 

 —

 

 

447,095

Total

 

$

848,521

 

$

(295,270)

 

$

(23,878)

 

$

529,373

 

Summary of amortization expense with respect to intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarters Ended

 

Nine Months Ended

 

    

September 29,

    

September 30,

 

September 29,

 

September 30,

(in thousands)

 

2019

 

2018

 

2019

 

2018

Amortization expense

 

 $

276

 

 $

11,895

 

 $

23,878

 

 $

35,858

 

Amortization expense for the five succeeding fiscal years

The estimated amortization expense for the remainder of fiscal year 2019 and the five succeeding fiscal years is as follows: 

 

 

 

 

 

 

 

Amortization

 

 

Expense

Year

 

(in thousands)

2019 (Remainder)

 

$

276

2020

 

 

803

2021

 

 

680

2022

 

 

655

2023

 

 

667

2024

 

 

640