Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 29, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The amounts for goodwill and changes in the carrying value by segment for the six months ended June 29, 2019 are as follows:

(in thousands)	Electronics			Automotive		Industrial		Total
As of December 29, 2018	$	656,039		$	132,332	$	38,344	$	826,715
Currency translation	(529		)	89		133		(307		)
As of June 29, 2019	$	655,510		$	132,421	$	38,477	$	826,408

Schedule of Finite-Lived Intangible Assets

The components of other intangible assets at June 29, 2019 are as follows:

 

(in thousands)	Gross Carrying Value		Accumulated Amortization		Net Book Value
Patents, licenses and software	$	139,415	$	75,175	$	64,240
Distribution network	43,900		35,702		8,198
Customer relationships, trademarks, and tradenames	374,658		105,922		268,736
Total	$	557,973	$	216,799	$	341,174

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated annual amortization expense related to intangible assets with definite lives as of June 29, 2019 is as follows:

(in thousands)	Amount
2019	$	40,119
2020	39,458
2021	36,833
2022	36,743
2023	31,524
2024 and thereafter	176,738
Total	$	361,415