Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Other Intangible Assets [Abstract]

Goodwill rollforward

The changes in the carrying amount of goodwill by segment for the years ended December 31, 2012 and 2011 were as follows:

	Resistors & Inductors		Total
Balance at January 1, 2011	$	-	$	-
Huntington Electric acquisition		9,051		9,051
Balance at December 31, 2011	$	9,051	$	9,051
HiRel Systems acquisition		25,815		25,815
Balance at December 31, 2012	$	34,866	$	34,866

Other Intangible Assets

Other intangible assets are as follows:

	December 31,
	2012			2011
Intangible Assets Subject to Amortization
(Definite-lived):
Patents and acquired technology	$	83,383		$	111,428
Capitalized software		56,162			53,721
Customer relationships		97,451			57,723
Tradenames		34,534			36,762
Non-competition agreements		1,700			1,000
		273,230			260,634
Accumulated amortization:
Patents and acquired technology		(61,269	)		(89,379	)
Capitalized software		(50,161	)		(47,836	)
Customer relationships		(33,416	)		(26,174	)
Tradenames		(14,579	)		(13,615	)
Non-competition agreements		(447	)		(62	)
		(159,872	)		(177,066	)
Net Intangible Assets Subject to Amortization		113,358			83,568
Intangible Assets Not Subject to Amortization
(Indefinite-lived):
Tradenames		20,359			20,359
	$	133,717		$	103,927

Estimated annual amortization expense for each of the next five years

Estimated annual amortization expense of intangible assets on the balance sheet at December 31, 2012 for each of the next five years is as follows:

2013	$	15,331
2014		15,263
2015		15,196
2016		13,522
2017		9,654