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Intangible Assets
9 Months Ended
Sep. 27, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets

Components of other intangible assets were (dollars in thousands):
 
Finite Life
 
Indefinite Life
 
 
 
Customer
Relationships
 
Patents and
Proprietary
Technology
 
Trademarks,
Trade Names
and Other
 
Trade
Names
 
Total
As of September 27, 2019
 
 
 
 
 
 
 
 
 
Cost
$
184,410

 
$
20,013

 
$
1,020

 
$
61,020

 
$
266,463

Accumulated amortization
(77,345
)
 
(10,053
)
 
(597
)
 

 
(87,995
)
Foreign currency translation
(11,581
)
 
(978
)
 
(74
)
 
(4,310
)
 
(16,943
)
Book value
$
95,484

 
$
8,982

 
$
349

 
$
56,710

 
$
161,525

Weighted average life in years
13

 
10

 
4

 
N/A

 
 
As of December 28, 2018
 
 
 
 
 
 
 
 
 
Cost
$
179,449

 
$
18,571

 
$
1,020

 
$
59,537

 
$
258,577

Accumulated amortization
(67,322
)
 
(8,647
)
 
(439
)
 

 
(76,408
)
Foreign currency translation
(10,817
)
 
(895
)
 
(73
)
 
(4,074
)
 
(15,859
)
Book value
$
101,310

 
$
9,029

 
$
508

 
$
55,463

 
$
166,310

Weighted average life in years
13

 
10

 
4

 
N/A

 
 


Amortization of intangibles for the quarter was $3.9 million in 2019 and $3.8 million in 2018 and for the year to date was $11.6 million in 2019 and $11.8 million in 2018. Estimated annual amortization expense based on the current carrying amount of other intangible assets is as follows (in thousands):
 
2019
 
2020
 
2021
 
2022
 
2023
 
Thereafter
Estimated Amortization Expense
$
15,497

 
$
15,543

 
$
15,343

 
$
15,253

 
$
14,359

 
$
40,413



Changes in the carrying amount of goodwill for each reportable segment were (in thousands): 
 
Industrial    
 
Process    
 
Contractor    
 
Total    
Balance, December 28, 2018
$
177,124

 
$
97,168

 
$
19,554

 
$
293,846

Additions, adjustments from business acquisitions

 
9,197

 

 
9,197

Foreign currency translation
(1,192
)
 
(431
)
 

 
(1,623
)
Balance, September 27, 2019
$
175,932

 
$
105,934

 
$
19,554

 
$
301,420



The Company completed business acquisitions in 2019 that were not material to the consolidated financial statements.