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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 29, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The amounts for goodwill and changes in the carrying value by segment for the nine months ended September 29, 2018 are as follows:
 
(in thousands)
 
Electronics
 
Automotive
 
Industrial
 
Total
As of December 30, 2017
 
$
278,959

 
$
135,829

 
$
38,626

 
$
453,414

Additions(a)
 
380,199

 

 

 
380,199

Currency translation
 
(1,090
)
 
(2,040
)
 
(129
)
 
(3,259
)
As of September 29, 2018
 
$
658,068


$
133,789


$
38,497


$
830,354


(a)The additions resulted from the acquisition of IXYS and an immaterial acquisition.
Schedule of Finite-Lived Intangible Assets
The components of other intangible assets at September 29, 2018 are as follows:
 
(in thousands, except weighted average useful life)
 
Weighted
Average
Useful Life (Years)
 
Gross
Carrying
Value
 
 
Accumulated Amortization
 
 
Net Book
Value
Patents, licenses and software
 
10.5
 
$
192,215

 
$
71,451

 
$
120,764

Distribution network
 
12.6
 
44,098

 
34,214

 
9,884

Customer relationships, trademarks, and tradenames
 
18
 
312,267

 
69,478

 
242,789

Order backlog
 
0.3
 
12,420

 
8,706

 
3,714

Total
 
 
 
$
561,000


$
183,849


$
377,151

During the nine months ended September 29, 2018, the Company recorded additions to other intangible assets of $212.7 million, related to the IXYS acquisition, the components of which were as follows:
 
(in thousands, except weighted average useful life)
 
Weighted
Average
Useful Life (Years)
 
 
 
Amount
Patents, licenses and software
 
8
 
$
51,500

Customer relationships, trademarks, and tradenames
 
17.2
 
148,800

Order backlog
 
1
 
12,420

Total
 
 
 
$
212,720

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated annual amortization expense related to intangible assets with definite lives as of September 29, 2018 is as follows:

 
(in thousands)
Amount
2018
$
53,383

2019
40,454

2020
40,237

2021
38,403

2022
37,506

2023 and thereafter
206,586

Total
$
416,569