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Intangible Assets
6 Months Ended
Jul. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The following table summarizes acquired intangible assets as follows:
July 1, 2023December 31, 2022
(In thousands)
Weighted
Average Life
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Patents11 years$2,146 $2,110 $2,146 $2,066 
Non-compete Agreement4 years11,082 11,062 11,082 11,052 
Trade Names10 years11,417 9,749 11,402 9,350 
Completed and Unpatented Technology9 years47,880 37,063 47,855 34,877 
Customer Relationships15 years142,180 82,613 142,133 77,996 
Total Intangible Assets12 years$214,705 $142,597 $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:
Six Months EndedThree Months Ended
(In thousands)
July 1, 2023July 2, 2022July 1, 2023July 2, 2022
Amortization Expense
$7,196 $7,526 $3,599 $3,761 
Amortization expense for acquired intangible assets expected for 2023 and for each of the next five years is summarized as follows:
(In thousands)
2023$13,888 
2024$12,856 
2025$10,935 
2026$9,533 
2027$7,825 
2028$7,037