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Goodwill and Purchased Intangible Assets (Tables)
6 Months Ended
Jun. 29, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Other Indefinite Lived Intangible Assets

Details of goodwill and other intangible assets were as follows (in thousands):

 

 

 

June 29, 2018

 

 

December 29, 2017

 

 

 

 

 

 

 

Intangible

 

 

 

 

 

 

 

 

 

 

Intangible

 

 

 

 

 

 

 

Goodwill

 

 

Assets

 

 

Total

 

 

Goodwill

 

 

Assets

 

 

Total

 

Carrying amount

 

$

85,248

 

 

$

29,392

 

 

$

114,640

 

 

$

85,248

 

 

$

31,587

 

 

$

116,835

 

 

Details of Purchased Intangible Assets

Details of purchased intangible assets were as follows (in thousands):

 

 

As of June 29, 2018

 

 

As of December 29, 2017

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Useful

 

 

 

Amount

 

 

Amortization

 

 

Value

 

 

Amount

 

 

Amortization

 

 

Value

 

 

Life

 

AIT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

19,000

 

 

$

(18,307

)

 

$

693

 

 

$

19,000

 

 

$

(17,998

)

 

$

1,002

 

 

 

7

 

Tradename

 

 

1,900

 

 

 

(1,900

)

 

 

 

 

 

1,900

 

 

 

(1,900

)

 

 

 

 

 

6

 

Intellectual property/know-how

 

 

1,600

 

 

 

(1,371

)

 

 

229

 

 

 

1,600

 

 

 

(1,257

)

 

 

343

 

 

 

7

 

Thermal

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

9,900

 

 

 

(3,383

)

 

 

6,517

 

 

 

9,900

 

 

 

(2,887

)

 

 

7,013

 

 

 

10

 

Tradename

 

 

1,170

 

 

 

(1,170

)

 

 

 

 

 

1,170

 

 

 

(1,170

)

 

 

 

 

 

6

 

Intellectual property/know-how

 

 

12,300

 

 

 

(4,712

)

 

 

7,588

 

 

 

12,300

 

 

 

(4,023

)

 

 

8,277

 

 

8-12

 

FDS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

8,800

 

 

 

(3,422

)

 

 

5,378

 

 

 

8,800

 

 

 

(2,835

)

 

 

5,965

 

 

 

7.5

 

UCT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tradename

 

 

8,987

 

 

 

 

 

 

8,987

 

 

 

8,987

 

 

 

 

 

 

8,987

 

 

*

 

Total

 

$

63,657

 

 

$

(34,265

)

 

$

29,392

 

 

$

63,657

 

 

$

(32,070

)

 

$

31,587

 

 

 

 

 

 

*

The Company concluded that the UCT tradename intangible asset life is indefinite and is therefore not amortized but is reviewed for impairment at least annually and whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable.

Future Estimated Amortization Expense

As of June 29, 2018, future estimated amortization expense is expected to be as follows (in thousands):

 

 

 

Amortization

 

 

 

Expense

 

2018 (remaining in year)

 

$

2,196

 

2019

 

 

4,040

 

2020

 

 

3,543

 

2021

 

 

3,543

 

2022

 

 

3,543

 

Thereafter

 

 

3,540

 

Total

 

$

20,405