Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 26, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The amounts for goodwill and changes in the carrying value by segment are as follows:


(in thousands)	Electronics		Automotive		Industrial		Total
Gross goodwill as of December 29, 2018	$	656,039	$	132,332	$	46,830	$	835,201
Accumulated impairment losses as of December 29, 2018	—		—		(8,486)		(8,486)
Net goodwill as of December 29, 2018	$	656,039	$	132,332	$	38,344	$	826,715
Changes during 2019:
Foreign currency translation adjustments	(5,243)		(1,011)		128		(6,126)
Gross goodwill as of December 28, 2019	650,796		131,321		47,266		829,383
Accumulated impairment losses as of December 28, 2019	—		—		(8,794)		(8,794)
Net goodwill as of December 28, 2019	$	650,796	$	131,321	$	38,472	$	820,589

Changes during 2020:
Impairments	—		(33,841)		—		(33,841)
Foreign currency translation adjustments	25,529		4,451		84		30,064
Gross goodwill as of December 26, 2020	676,325		138,354		47,551		862,230
Accumulated impairment losses as of December 26, 2020	—		(36,423)		(8,995)		(45,418)
Net goodwill as of December 26, 2020	$	676,325	$	101,931	$	38,556	$	816,812

Schedule of finite-lived intangible assets

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


	As of December 26, 2020
(in thousands)	Gross Carrying Value		Accumulated Amortization		Net Book Value
Land use rights	$	10,280	$	2,007	$	8,273
Patents, licenses and software	$	137,210	$	92,868	$	44,342
Distribution network	43,910		38,980		4,930
Customer relationships, trademarks, and tradenames	372,064		137,722		234,342
Total	$	563,464	$	271,577	$	291,887


	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

During the year ended December 29, 2018, the Company recorded additions to other intangible assets of $212.7 million, for acquisitions during 2018, the components of which were as follows:


	2018
(in thousands, except weighted average useful life)	Weighted Average Useful Life (Years)	Amount
Patents, licenses and software	8.0	$	51,500
Customer relationships, trademarks, and tradenames	17.2	148,800
Order backlog	1.0	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 at December 26, 2020 is as follows:


(in thousands)	Amount
2021	$	38,858
2022	37,851
2023	33,279
2024	30,121
2025	29,689
2026 and thereafter	122,089
Total	$	291,887