Goodwill and Intangible Assets (Tables)

9 Months Ended

Oct. 02, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill of companies acquired

Goodwill of companies acquired, allocated to the company’s business segments, is as follows:

	Global Components		Global ECS		Total
Balance as of December 31, 2020 (a)	$	894,975	$	1,220,494	$	2,115,469
Foreign currency translation adjustment	(8,621)		(16,600)		(25,221)
Balance as of October 2, 2021 (a)	$	886,354	$	1,203,894	$	2,090,248

(a)     The total carrying value of goodwill as of October 2, 2021 and December 31, 2020 in the table above is reflected net of $1,588,955 of accumulated impairment charges, of which $1,287,100 was recorded in the global components business segment and $301,855 was recorded in the global enterprise computing solutions ("ECS") business segment.

Schedule of Intangible assets, net

Intangible assets, net, are comprised of the following as of October 2, 2021:

	Weighted-Average Life	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	12 years	$	324,837	$	(168,689)	$	156,148
Amortizable trade name	8 years	74,000		(25,690)		48,310
		$	398,837	$	(194,379)	$	204,458

Intangible assets, net, are comprised of the following as of December 31, 2020:

	Weighted-Average Life	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	12 years	$	335,027	$	(157,151)	$	177,876
Amortizable trade name	8 years	74,008		(18,065)		55,943
		$	409,035	$	(175,216)	$	233,819