Goodwill And Intangible Assets

9 Months Ended

Sep. 30, 2011

Goodwill And Intangible Assets [Abstract]

NOTE 6. GOODWILL AND INTANGIBLE ASSETS

Intangible Assets

Other purchased intangible assets, net consisted of the following:


	September 30, 2011
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
(Dollars in thousands)
Developed product technology	$	443,339	$	(178,892	)	$	264,447
Trade names and trademarks		34,917		(18,066	)		16,851
Customer relationships		286,475		(85,765	)		200,710
Distribution rights and other intellectual properties		63,932		(29,764	)		34,168

	$	828,663	$	(312,487	)	$	516,176


	December 31, 2010
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
(Dollars in thousands)
Developed product technology	$	247,575	$	(148,171	)	$	99,404
Trade names and trademarks		22,136		(16,449	)		5,687
Customer relationships		143,125		(68,104	)		75,021
Distribution rights and other intellectual properties		50,207		(25,371	)		24,836

	$	463,043	$	(258,095	)	$	204,948

The Company recognized $24.1 million and $56.7 million of amortization expense for the three and nine month periods end September 30, 2011, respectively. The Company recognized $14.4 million and $42.2 million of amortization expense for the three and nine month periods end October 1, 2010, respectively.

The estimated future amortization expense of intangible assets as of September 30, 2011, is as follows:


(Dollars in thousands)
2011 (Remaining)	$	29,162
2012		108,794
2013		101,944
2014		79,841
2015		68,056
Thereafter		128,379

Total	$	516,176

Goodwill

The changes in the carrying amount of goodwill by operating segment for the nine months ended September 30, 2011, were as follows:


	Engineering and Construction			Field Solutions			Mobile Solutions			Advanced Devices			Total
(Dollars in thousands)
Balance as of December 31, 2010	$	432,364		$	26,211		$	348,166		$	21,996		$	828,737
Additions due to Tekla acquisition		246,640			45,061			—			—			291,701
Additions due to other acquisitions		37,977			—			162,307			2,163			202,447
Purchase price adjustments		242			—			395			—			637
Foreign currency translation adjustments		(8,584	)		(1,649	)		(486	)		(323	)		(11,042	)

Balance as of September 30, 2011	$	708,639		$	69,623		$	510,382		$	23,836		$	1,312,480

The purchase price adjustments relate primarily to previous business acquisitions which closed prior to fiscal 2011. Of the total purchase price adjustments of $0.6 million recorded during the nine months ended September 30, 2011, earn-out payments of $0.3 million and other adjustments of $0.3 million were recorded.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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