Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 27, 2014

Goodwill and Other Intangible Assets [Abstract]

Changes in the carrying amount of goodwill

The changes in the carrying amount of goodwill were as follows:

(In thousands)	Plumbing & Refrigeration Segment			OEM Segment			Total
Balance at December 29, 2012:
Goodwill	$	141,684		$	12,300		$	153,984
Accumulated impairment and amortization		(39,434	)		(9,971	)		(49,405	)
		102,250			2,329			104,579
Additions		310			—			310
Disposition		(10,532	)		—			(10,532	)
Balance at December 28, 2013:
Goodwill		131,462			12,300			143,762
Accumulated impairment and amortization		(39,434	)		(9,971	)		(49,405	)
		92,028			2,329			94,357
Additions(1)		9,123			—			9,123
Currency translation		(571	)		—			(571	)
Balance at December 27, 2014:
Goodwill		140,014			12,300			152,314
Accumulated impairment and amortization		(39,434	)		(9,971	)		(49,405	)
Goodwill, net	$	100,580		$	2,329		$	102,909
(1)Includes finalization of the purchase price allocation adjustment for Howell of $1.0 million

Carrying amount of intangible assets

The carrying amount of intangible assets at December 27, 2014 was as follows:

(In thousands)	Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	20 years	$	11,852	$	(526	)	$	11,326
Non-compete agreements	3-5 years		4,495		(1,307	)		3,188
Patents and technology	10 years		6,852		(4,744	)		2,108
Trade names and licenses	3 years		1,670		(252	)		1,418
Other	2-5 years		877		(453	)		424
Other intangible assets		$	25,746	$	(7,282	)	$	18,464

Amortization expense for intangible assets

Future amortization expense is estimated as follows:

(In thousands)	Amount
2015	$	3,412
2016		2,519
2017		1,334
2018		1,079
2019		1,011
Thereafter		9,109
Expected amortization expense	$	18,464