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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 30, 2013
GOODWILL AND INTANGIBLE ASSETS  
Components of amortized intangible assets

 

 

 
  March 30, 2013
 
  Gross
Carrying
Amount
  Accumulated
Amortization
  Weighted
Average
Life

Customer Relationships

  $ 173,409   $ 65,701   13 years

Proprietary Software & Database

    3,078     2,820   6 years

Patents & Proprietary Technology

    9,591     5,701   8 years

Non-compete Agreements

    1,799     1,560   6 years
             

 

  $ 187,877   $ 75,782    
             


 

 
  December 29, 2012
 
  Gross
Carrying
Amount
  Accumulated
Amortization
  Weighted
Average
Life

Customer Relationships

  $ 170,556   $ 62,957   13 years

Proprietary Software & Database

    3,073     2,795   6 years

Patents & Proprietary Technology

    9,953     5,517   8 years

Non-compete Agreements

    1,807     1,542   6 years
             

 

  $ 185,389   $ 72,811    
             

        

Amortization expense for intangible assets

 

 

 
  2013   2012    
    $ 4,238   $ 3,545    

        

Schedule of future estimated amortization expense

 

 

 
  Estimated
Amortization
Expense
 

2013

  $ 15,673  

2014

    15,045  

2015

    14,202  

2016

    13,659  

2017

    13,626  

        

Non-amortized intangible assets

 

 

 
  March 30,
2013
  December 29,
2012
  Year
Acquired
 

Webforge

  $ 16,411   $ 17,411     2010  

Newmark

    11,111     11,111     2004  

Ingal EPS/Ingal Civil Products

    8,661     9,189     2010  

Donhad

    6,534     6,932     2010  

Industrial Galvanizers

    3,799     4,030     2010  

Other

    13,153     11,019        
                 

 

  $ 59,669   $ 59,692        
                 

        

Carrying amount of goodwill

 

 

 
  Engineered
Infrastructure
Products
Segment
  Utility
Support
Structures
Segment
  Coatings
Segment
  Irrigation
Segment
  Other   Total  

Balance at December 29, 2012

  $ 155,185   $ 77,141   $ 77,053   $ 2,517   $ 18,895   $ 330,791  

Acquisitions

    16,740                     16,740  

Foreign currency translation

    (6,238 )       (397 )   7     (1,085 )   (7,713 )

Other

    1,737     (1,737 )                
                           

Balance at March 30, 2013

  $ 167,424   $ 75,404   $ 76,656   $ 2,524   $ 17,810   $ 339,818