Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 26, 2020

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 26, 2020 are as follows:

(in thousands)	Electronics		Automotive		Industrial		Total
As of December 28, 2019	$	650,796	$	131,321	$	38,472	$	820,589
Impairments	—		(33,841)		—		(33,841)
Currency translation	11,122		1,988		(67)		13,043
As of September 26, 2020	$	661,918	$	99,468	$	38,405	$	799,791

Schedule of finite-lived intangible assets

The components of other intangible assets as of September 26, 2020 and December 28, 2019 are as follows:

	As of September 26, 2020
(in thousands)	Gross Carrying Value		Accumulated Amortization		Net Book Value
Land use rights	$	9,913	$	1,895	$	8,018
Patents, licenses and software	133,737		$	88,142	$	45,595
Distribution network	43,547		38,107		5,440
Customer relationships, trademarks, and tradenames	365,300		128,194		237,106
Total	$	552,497	$	256,338	$	296,159

	As of December 28, 2019
(in thousands)	Gross Carrying Value		Accumulated Amortization		Net Book Value
Land use rights	$	9,649	$	1,730	$	7,919
Patents, licenses and software	131,164		78,828		52,336
Distribution network	43,239		36,163		7,076
Customer relationships, trademarks, and tradenames	360,534		106,618		253,916
Total	$	544,586	$	223,339	$	321,247

Schedule of finite-lived intangible assets, future amortization expense

Estimated annual amortization expense related to intangible assets with definite lives as of September 26, 2020 is as follows:

(in thousands)	Amount
2020	$	41,742
2021	38,258
2022	37,274
2023	32,492
2024	29,695
2025 and thereafter	146,610
Total	$	326,071