XML 29 R18.htm IDEA: XBRL DOCUMENT v3.19.1
Goodwill and Other Intangible Assets, Net
3 Months Ended
Mar. 29, 2019
Intangible Assets, Net (Including Goodwill) [Abstract]  
Goodwill and Other Intangible Assets, Net
GOODWILL AND OTHER INTANGIBLE ASSETS, NET

Goodwill

The following table sets forth the change in the carrying amount of goodwill for each reportable segment and for the Company:
 
 
Distribution
 
Aerospace
 
Total
In thousands
 
 
 
 
 
 
Gross balance at December 31, 2018
 
$
149,204

 
$
212,413

 
$
361,617

Accumulated impairment
 

 
(16,252
)
 
(16,252
)
Net balance at December 31, 2018
 
149,204

 
196,161

 
345,365

Additions
 

 

 

Impairments
 

 

 

Foreign currency translation
 

 
(1,377
)
 
(1,377
)
Ending balance at March 29, 2019
 
$
149,204

 
$
194,784

 
$
343,988



Other Intangibles

Other intangible assets consisted of:
 
 
 
 
At March 29,
 
At December 31,
 
 
 
 
2019
 
2018
 
 
Amortization
Period
 
Gross
Amount
 
Accumulated
Amortization
 
Gross
Amount
 
Accumulated
Amortization
In thousands
 
 
 
 
 
 
 
 
 
 
Customer lists / relationships
 
6-26 years
 
$
132,177

 
$
(64,166
)
 
$
132,661

 
$
(61,968
)
Developed technologies
 
10-20 years
 
19,548

 
(4,271
)
 
19,729

 
(3,998
)
Trademarks / trade names
 
3-15 years
 
8,640

 
(4,411
)
 
8,747

 
(4,322
)
Non-compete agreements and other
 
1-9 years
 
7,650

 
(7,506
)
 
7,607

 
(7,527
)
Patents
 
17 years
 
523

 
(447
)
 
523

 
(445
)
Total
 
 
 
$
168,538

 
$
(80,801
)
 
$
169,267

 
$
(78,260
)