Capital Assets

12 Months Ended

Sep. 29, 2018

Capital Assets [Abstract]

Capital Assets

CAPITAL ASSETS

Property and Equipment

Property and equipment, net are as follows:

	2018			2017
Land and improvements	$	2,881		$	2,867
Buildings and improvements	58,880			60,340
Machinery and equipment	203,647			196,621
Assets held under capital leases	2,815			2,747
Total property and equipment	268,223			262,575
Less: Accumulated depreciation	(177,954		)	(162,645		)
Total property and equipment, net	$	90,269		$	99,930

Goodwill

Changes to the carrying amount of goodwill are as follows:

	Test			Sensors			Total
Balance, October 1, 2016	$	25,022		$	344,678		$	369,700
Adjustment related to finalization of purchase accounting1	—			(64		)	(64		)
Currency translation gain (loss)	87			39			126
Balance, September 30, 2017	$	25,109		$	344,653		$	369,762
Currency translation gain (loss)	(478		)	(9		)	(487		)
Balance, September 29, 2018	$	24,631		$	344,644		$	369,275

¹ See Note 13 for additional information regarding acquisitions.

See Note 1 for additional information on our goodwill impairment analysis.

Intangible Assets

Intangible assets are as follows:

	September 29, 2018
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in Years)
Software development costs1	$	31,251	$	(15,860	)	$	15,391	6.5
Technology and patents	46,405		(12,188		)	34,217		14.9
Trademarks and trade names	6,754		(2,987		)	3,767		25.4
Customer lists	156,971		(23,314		)	133,657		15.8
Land-use rights	2,336		(730		)	1,606		26.0
Trade names	57,500		—			57,500		Indefinite
Total intangible assets	$	301,217	$	(55,079	)	$	246,138	14.8
1 The gross carrying amount of software development costs as of September 29, 2018 includes $15,391 not yet placed in service.
	September 30, 2017
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in Years)
Software development costs	$	26,083	$	(15,830	)	$	10,253	5.9
Technology and patents	46,731		(9,399		)	37,332		14.9
Trademarks and trade names	6,936		(2,484		)	4,452		25.6
Customer lists	157,016		(13,359		)	143,657		15.8
Land-use rights	2,377		(492		)	1,885		26.4
Trade names	57,500		—			57,500		Indefinite
Total intangible assets	$	296,643	$	(41,564	)	$	255,079	15.0

Amortization expense recognized is as follows:

	2018		2017		2016
Amortization expense	$	13,831	$	14,665	$	5,517

See Note 1 for additional information on our intangible asset impairment analysis.

Estimated future amortization expense related to finite-lived intangible assets is as follows:

Fiscal Year	Amortization Expense
2019	$	13,569
2020	13,288
2021	14,239
2022	15,007
2023	14,905
Thereafter	117,630

Future amortization amounts presented above are estimates. Actual future amortization expense may be different due to fluctuations in foreign currency exchange rates, future acquisitions, impairments, changes in amortization periods or other factors.