XML 47 R36.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill and Intangible Assets (Tables)
9 Months Ended
Jun. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carry Amount of Goodwill
The changes in the carrying amount of goodwill are as follows:
 
Aircraft
Controls
Space and
Defense
Controls
Industrial
Systems
Total
Balance at September 28, 2019
$
176,939

$
261,684

$
345,617

$
784,240

Acquisitions


25,237

25,237

Divestitures


(635
)
(635
)
Foreign currency translation
185

3

2,821

3,009

Balance at June 27, 2020
$
177,124

$
261,687

$
373,040

$
811,851


Components of Intangible Assets
The components of intangible assets are as follows:
 
 
 
 
June 27, 2020
 
September 28, 2019
  
 
Weighted-
Average
Life (years)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Customer-related
 
11
 
$
142,372

 
$
(101,476
)
 
$
132,697

 
$
(100,091
)
Technology-related
 
9
 
77,628

 
(53,433
)
 
69,220

 
(52,192
)
Program-related
 
23
 
37,743

 
(16,354
)
 
62,015

 
(35,680
)
Marketing-related
 
8
 
25,218

 
(20,591
)
 
23,139

 
(19,899
)
Other
 
10
 
4,134

 
(3,873
)
 
4,061

 
(3,624
)
Intangible assets
 
12
 
$
287,095

 
$
(195,727
)
 
$
291,132

 
$
(211,486
)

Finite-lived Intangible Assets Amortization Expense
Amortization of acquired intangible assets is as follows:
 
Three Months Ended
 
Nine Months Ended
 
June 27, 2020
 
June 29, 2019
 
June 27, 2020
 
June 29, 2019
Acquired intangible asset amortization
$
3,109

 
$
3,088

 
$
9,662

 
$
10,173


Estimated Future Amortization of Acquired Intangible Assets
Based on acquired intangible assets recorded at June 27, 2020, amortization is estimated to be approximately:
 
2020
2021
2022
2023
2024
Estimated future amortization of acquired intangible assets
$
11,200

$
11,400

$
10,800

$
9,900

$
9,500