Goodwill and Other Intangible Assets, Net (Tables)

9 Months Ended

Oct. 02, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying amount of goodwill by reportable segment for the nine months ended October 2, 2020 were as follows (in thousands):

	Medical		Non- Medical		Total
December 31, 2019	$	822,617	$	17,000	$	839,617
Foreign currency translation	7,347		—		7,347
Acquisitions and related adjustments (Note 2)	4,715		—		4,715
October 2, 2020	$	834,679	$	17,000	$	851,679

Schedule of Finite-Lived Intangible Assets, Major Class

Intangible assets at October 2, 2020 and December 31, 2019 were as follows (in thousands):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
October 2, 2020
Definite-lived:
Purchased technology and patents	$	255,475	$	(148,792)	$	106,683
Customer lists	715,589		(153,540)		562,049
Other	4,103		(3,704)		399
Total	$	975,167	$	(306,036)	$	669,131
Indefinite-lived:
Trademarks and tradenames					$	90,288
December 31, 2019
Definite-lived:
Purchased technology and patents	$	248,264	$	(138,435)	$	109,829
Customer lists	706,852		(131,185)		575,667
Other	3,503		(3,503)		—
Total	$	958,619	$	(273,123)	$	685,496
Indefinite-lived:
Trademarks and tradenames					$	90,288

Schedule of Indefinite-Lived Intangible Assets

Intangible assets at October 2, 2020 and December 31, 2019 were as follows (in thousands):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
October 2, 2020
Definite-lived:
Purchased technology and patents	$	255,475	$	(148,792)	$	106,683
Customer lists	715,589		(153,540)		562,049
Other	4,103		(3,704)		399
Total	$	975,167	$	(306,036)	$	669,131
Indefinite-lived:
Trademarks and tradenames					$	90,288
December 31, 2019
Definite-lived:
Purchased technology and patents	$	248,264	$	(138,435)	$	109,829
Customer lists	706,852		(131,185)		575,667
Other	3,503		(3,503)		—
Total	$	958,619	$	(273,123)	$	685,496
Indefinite-lived:
Trademarks and tradenames					$	90,288

Schedule of Finite-Lived Intangible Assets, Amortization Expense

Aggregate intangible asset amortization expense comprises the following (in thousands):

	Three Months Ended				Nine Months Ended
	October 2, 2020		September 27, 2019		October 2, 2020		September 27, 2019
Cost of sales	$	3,219	$	3,165	$	9,660	$	9,622
Selling, general and administrative expenses	7,080		6,617		21,234		19,845
Total intangible asset amortization expense	$	10,299	$	9,782	$	30,894	$	29,467

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated future intangible asset amortization expense based on the carrying value as of October 2, 2020 is as follows (in thousands):

	Remainder of 2020		2021	2022	2023	2024	After 2024
Amortization Expense	$	10,193	41,186	40,137	38,720	37,768	501,127