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Other Intangible Assets
9 Months Ended
Sep. 28, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets

NOTE 5 – Other Intangible Assets

Intangible assets consist of the following as of:

 

    As of  
    September 28, 2014  

($ in thousands)

  Gross
Carrying
Amount
    Accumulated
Amortization
    Net Amount  

Amortized intangible assets:

     

Customer lists/relationships

  $ 51,804      $ (23,492   $ 28,312   

Patents

    10,319        (10,319     —     

Other intangibles

    12,270        (3,615     8,655   
 

 

 

   

 

 

   

 

 

 

Other intangible assets, net

  $ 74,393      $ (37,426   $ 36,967   
 

 

 

   

 

 

   

 

 

 

Amortization expense for the nine months ended September 28, 2014

    $ 3,125     
   

 

 

   

 

    As of  
    December 31, 2013  

($ in thousands)

  Gross
Carrying
Amount
    Accumulated
Amortization
    Net Amount  

Amortized intangible assets:

 

Customer lists/relationships

  $ 51,804      $ (21,490   $ 30,314   

Patents

    10,319        (10,319     —     

Other intangibles

    12,270        (2,492     9,778   
 

 

 

   

 

 

   

 

 

 

Other intangible assets, net

  $ 74,393      $ (34,301   $ 40,092   
 

 

 

   

 

 

   

 

 

 

Amortization expense for the nine months ended September 29, 2013

    $ 3,623     
   

 

 

   

Amortization expense remaining for other intangible assets is as follows:

 

($ in thousands)

   Amortization
expense
 

2014

   $ 1,067   

2015

     3,947   

2016

     3,647   

2017

     3,569   

2018

     3,484   

Thereafter

     21,253   
  

 

 

 

Total amortization expense

   $ 36,967