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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 29, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The amounts for goodwill and changes in the carrying value by segment are as follows:
 
(in thousands)
Electronics
 
Automotive
 
Industrial
 
Total
As of December 31, 2016
$
215,765

 
$
144,585

 
$
43,194

 
$
403,544

Additions(a)
36,716

 

 

 
36,716

Foreign currency translation and other adjustments(b)
26,478

 
(8,756
)
 
(4,568
)
 
13,154

As of December 30, 2017
$
278,959


$
135,829


$
38,626


$
453,414

Additions(c)
382,903

 

 

 
382,903

Foreign currency translation adjustments
(5,823
)
 
(3,497
)
 
(282
)
 
(9,602
)
As of December 29, 2018
$
656,039


$
132,332


$
38,344


$
826,715



(a)The 2017 additions resulted from the acquisitions of U.S. Sensor and Monolith.

(b)Adjustments in 2017 reflect adjustments to reclass goodwill by segment as well as the impact of changes in foreign exchange rates. The impact of the reclassification was an increase in goodwill to the Electronics segment of $21.6 million and a decrease of goodwill of $16.8 million and $4.8 million to the Automotive segment and the Industrial segment, respectively.

(c)The 2018 additions resulted primarily from the acquisition of IXYS.
Schedule of Finite-Lived Intangible Assets
During the years ended December 29, 2018 and December 30, 2017, the Company recorded additions to other intangible assets of $212.7 million and $11.0 million, respectively, for acquisitions during those years, the components of which were as follows:
 
 
2018
 
2017
(in thousands, except weighted average useful life)
Weighted
Average
Useful Life (Years)
 
 
 
Amount
 
Weighted
Average
Useful Life (Years)
 
 
 
Amount
Patents, licenses and software
8.0
 
$
51,500

 
9.6
 
$
7,810

Customer relationships, trademarks, and tradenames
17.2
 
148,800

 
9.0
 
3,220

Order backlog
1.0
 
12,420

 
0.0
 

Total
 
 
$
212,720

 
 
 
$
11,030

The components of other intangible assets at December 29, 2018 and December 30, 2017 are as follows:
 
 
As of December 29, 2018
(in thousands, except weighted average useful life)
Weighted Average
Useful Life (Years)
 
Gross
Carrying
Value
 
 
Accumulated
Amortization
 
 
Net Book
Value
Patents, licenses and software
11.4
 
$
139,413

 
$
69,431

 
$
69,982

Distribution network
12.6
 
43,876

 
34,564

 
9,312

Customer relationships, trademarks,tradenames, and other
17.5
 
374,246

 
92,066

 
282,180

Total
 
 
$
557,535


$
196,061


$
361,474

 
 
As of December 30, 2017
(in thousands, except weighted average useful life)
Weighted Average
Useful Life (Years)
 
Gross
Carrying
Value
 
 
Accumulated
Amortization
 
 
Net Book
Value
Patents, licenses and software
11.4
 
$
141,520

 
$
59,609

 
$
81,911

Distribution network
12.1
 
46,233

 
33,361

 
12,872

Customer relationships, trademarks, and tradenames
15.6
 
162,679

 
53,612

 
109,067

Total
 
 
$
350,432


$
146,582


$
203,850

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated annual amortization expense related to intangible assets with definite lives at December 29, 2018 is as follows:
 
(in thousands)
Amount
2019
$
39,440

2020
39,162

2021
37,164

2022
36,368

2023
31,906

2024 and thereafter
177,434

Total
$
361,474