INTANGIBLE ASSETS

9 Months Ended

Sep. 29, 2012

INTANGIBLE ASSETS

INTANGIBLE ASSETS

NOTE 7        INTANGIBLE ASSETS

Intangible assets were as follows:

(In thousands)	September 29,		December 31,
	2012		2011
Intangible assets subject to amortization:
Developed technology, net of accumulated amortization of $10,082 and $6,903 as of September 29, 2012 and December 31, 2011, respectively	$	50,684	$	51,159
Customer relationships, net of accumulated amortization of $24,852 and $16,500 as of September 29, 2012 and December 31, 2011, respectively	54,336		61,609
In-process research and development, net of accumulated amortization of $37 and $0 as of September 29, 2012 and December 31, 2011	9,974		10,057
Other, net of accumulated amortization of $5,256 and $1,996 as of September 29, 2012 and December 31, 2011, respectively	2,712		5,507
	117,706		128,332
Intangible assets not subject to amortization:
Trademarks and trade names	22,840		22,240
Intangible assets, net	$	140,546	$	150,572

Developed technology is amortized on a straight line basis over 10 to 20 years, depending on the life of the product technology. Intangible assets related to customer relationships are primarily amortized over a period of up to 10 years on an accelerated basis.  In-process research and development is amortized on a straight line basis over the product’s estimated useful life upon completion of the technology.  Other intangible assets include acquired backlog, product trademarks and trade names, non-competition agreements and defensible assets.  With the exception of product trademarks and trade names, such assets are amortized on a straight line basis over a period of three months to 10 years, depending on the asset.  Trademarks and trade names associated with products are amortized on a straight line basis over the estimated remaining life of the product technology, which ranges from 10 to 20 years.  Trademarks and trade names associated with a business have indefinite lives and are not amortized.

Amortization expense related to intangible assets totaled $4.6 million and $14.8 million for the three and nine months ended September 29, 2012, respectively, and $1.3 million and $2.8 million for the three and nine months ended October 1, 2011, respectively.

Estimated aggregate amortization expense for future fiscal years is as follows:

(In thousands)	Estimated Aggregate Amortization Expense
2012 (remaining)	$	4,461
2013	15,859
2014	15,508
2015	13,987
2016	11,635
Thereafter	46,985
	$	108,435

The Company has excluded $9.3 million of amortization expense related to certain in-process research and development projects from the table above, as it was uncertain as of September 29, 2012 when the technology will be completed and when the amortization will begin.