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Other Intangible Assets
9 Months Ended
Sep. 27, 2015
Other Intangible Assets.  
Other Intangible Assets

NOTE 6 – Other Intangible Assets

 

Intangible assets consist of the following components:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

   

   

September 27, 2015

 

($ in thousands)

    

Gross
Carrying
Amount

    

Accumulated
Amortization

    

Net Amount

 

Amortized intangible assets:

   

 

 

 

 

 

 

 

 

 

Customer lists/relationships

 

$

51,804

 

$

(26,423)

 

$

25,381

 

Patents

 

 

10,319

 

 

(10,319)

 

 

 —

 

Other intangibles

 

 

12,270

 

 

(4,691)

 

 

7,579

 

Other intangible assets, net

 

$

74,393

 

$

(41,433)

 

$

32,960

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense for the three months ended September 27, 2015

 

 

 

 

$

985

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense for the nine months ended September 27, 2015

 

 

 

 

$

2,942

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

   

   

December 31, 2014

 

($ in thousands)

    

Gross
Carrying
Amount

    

Accumulated
Amortization

    

Net Amount

 

Amortized intangible assets:

   

 

 

 

 

 

 

 

 

 

Customer lists/relationships

 

$

51,804

 

$

(24,415)

 

$

27,389

 

Patents

 

 

10,319

 

 

(10,319)

 

 

 —

 

Other intangibles

 

 

12,270

 

 

(3,757)

 

 

8,513

 

Other intangible assets, net

 

$

74,393

 

$

(38,491)

 

$

35,902

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense for the three months ended September 28, 2014

 

 

 

 

$

1,046

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense for the nine months ended September 28, 2014

 

 

 

 

$

3,125

 

 

 

 

 

Amortization expense remaining for other intangible assets is as follows:

 

 

 

 

 

 

 

($ in thousands)

    

Amortization
expense

 

2015

 

$

1,007

 

2016

 

 

3,647

 

2017

 

 

3,569

 

2018

 

 

3,484

 

2019

 

 

3,475

 

Thereafter

 

 

17,778

 

Total amortization expense

 

$

32,960