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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 29, 2012
Goodwill By Reportable Segment

Goodwill by reportable segment as of June 29, 2012 and December 31, 2011 is as follows (in thousands):

 

     Reportable Segment     Total  
     Laser
Products
    Precision Motion
and  Technologies
   

Goodwill

   $ 67,926      $ 108,306      $ 176,232   

Accumulated impairment of goodwill

     (54,099     (77,555     (131,654
  

 

 

   

 

 

   

 

 

 
   $ 13,827      $ 30,751      $ 44,578   
  

 

 

   

 

 

   

 

 

 
Intangible Assets

Intangible assets as of June 29, 2012 and December 31, 2011, respectively, are summarized as follows (in thousands):

 

     June 29, 2012      December 31, 2011  
     Gross  Carrying
Amount
     Accumulated
Amortization
    Net Carrying
Amount
     Gross  Carrying
Amount
     Accumulated
Amortization
    Net Carrying
Amount
 

Amortizable intangible assets:

               

Patents and acquired technology

   $ 61,405       $ (49,059   $ 12,346       $ 61,279       $ (47,350   $ 13,929   

Customer relationships

     33,157         (17,724     15,433         33,115         (16,514     16,601   

Trademarks, trade names and other

     5,720         (3,623     2,097         5,692         (3,452     2,240   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Amortizable intangible assets

     100,282         (70,406     29,876         100,086         (67,316     32,770   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Non-amortizable intangible assets:

               

Trade names

     13,027         —          13,027         13,027         —          13,027   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Totals

   $ 113,309       $ (70,406   $ 42,903       $ 113,113       $ (67,316   $ 45,797