XML 20 R11.htm IDEA: XBRL DOCUMENT v3.23.1
Intangible Assets
 3 Months Ended
Apr. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The following table summarizes acquired intangible assets as follows:
April 1, 2023December 31, 2022
(In thousands)
Weighted
Average Life
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Patents11 years$2,146 $2,088 $2,146 $2,066 
Non-compete Agreement4 years11,082 11,057 11,082 11,052 
Trade Names10 years11,412 9,550 11,402 9,350 
Completed and Unpatented Technology9 years47,872 35,970 47,855 34,877 
Customer Relationships15 years142,166 80,316 142,133 77,996 
Total Intangible Assets12 years$214,678 $138,981 $214,618 $135,341 
All acquired intangible assets other than goodwill and one trade name are being amortized. Amortization expense for acquired intangibles is summarized as follows:
Three Months Ended
(In thousands)
April 1, 2023April 2, 2022
Amortization Expense
$3,597 $3,765 
Amortization expense for acquired intangible assets expected for 2023 and for each of the next five years is summarized as follows:
(In thousands)
2023$13,882 
2024$12,856 
2025$10,935 
2026$9,533 
2027$7,825 
2028$7,037