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Capital Assets (Tables)
3 Months Ended
Jan. 02, 2016
Capital Assets [Abstract]  
Property And Equipment

 

 

 

 

 

 

 

 

January 2,

 

 

October 3,

(in thousands)

 

2016

 

 

2015

Land and improvements

$

1,704 

 

$

1,705 

Buildings and improvements

 

52,840 

 

 

53,097 

Machinery and equipment

 

168,010 

 

 

162,472 

Total

 

222,554 

 

 

217,274 

 

 

 

 

 

 

Less accumulated depreciation

 

(140,326)

 

 

(136,820)

Property and equipment, net

$

82,228 

 

$

80,454 

 

 

 

 

 

 

 

Goodwill

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Test 

 

 

Sensors 

 

 

Total 

 

Balance, October 3, 2015

$

26,243 

 

$

1,434 

 

$

27,677 

 

Adjustment related to finalization

 

 

 

 

 

 

 

 

 

of purchase accounting1

 

(530)

 

 

 -

 

 

(530)

 

Currency translation gain (loss)

 

(299)

 

 

(17)

 

 

(316)

 

Balance, January 2, 2016

$

25,414 

 

$

1,417 

 

$

26,831 

 

 

 

 

 

 

 

 

 

 

 

1  Goodwill from our acquisition of Instrument and Calibration Sweden AB (ICS) was determined to be customer lists and reclassified to intangible assets. Refer to Note 16 for information related to our acquisition.

Other Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

January 2, 2016

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Average

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

Useful Life

(in thousands)

 

Amount

 

 

Amortization

 

 

Value

 

(in Years)

Software development costs

$

20,305 

 

$

(14,269)

 

$

6,036 

 

6.2 

Patents

 

11,639 

 

 

(5,263)

 

 

6,376 

 

14.5 

Trademarks and trade names

 

6,052 

 

 

(1,692)

 

 

4,360 

 

29.4 

Customer lists

 

3,100 

 

 

(700)

 

 

2,400 

 

7.5 

Land-use rights

 

1,202 

 

 

(176)

 

 

1,026 

 

47.8 

Total

$

42,298 

 

$

(22,100)

 

$

20,198 

 

13.1 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 3, 2015

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Average

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

Useful Life

(in thousands)

 

Amount

 

 

Amortization

 

 

Value

 

(in Years)

Software development costs

$

19,546 

 

$

(14,046)

 

$

5,500 

 

6.2 

Patents

 

11,838 

 

 

(5,141)

 

 

6,697 

 

14.5 

Trademarks and trade names

 

6,163 

 

 

(1,659)

 

 

4,504 

 

29.4 

Customer lists

 

2,561 

 

 

(610)

 

 

1,951 

 

8.1 

Land-use rights

 

1,227 

 

 

(173)

 

 

1,054 

 

47.8 

Total

$

41,335 

 

$

(21,629)

 

$

19,706 

 

13.4 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated Future Amortization Expense On Other Intangible Assets

 

 

 

 

 

Fiscal Year

 

Amortization Expense
(in thousands)

 

Remainder of 2016

 

$

1,793 

 

2017

 

$

2,390 

 

2018

 

$

1,530 

 

2019

 

$

1,270 

 

2020

 

$

1,239 

 

2021

 

$

1,131