Goodwill and Intangible Assets (Tables)

9 Months Ended

Oct. 01, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill of companies acquired

Goodwill of companies acquired, allocated to the company’s business segments, is as follows:

(thousands)	Global Components		Global ECS		Total
Balance as of December 31, 2021 (a)	$	882,948	$	1,197,423	$	2,080,371
Foreign currency translation adjustment	(20,637)		(80,501)		(101,138)
Balance as of October 1, 2022 (a)	$	862,311	$	1,116,922	$	1,979,233

(a)     The total carrying value of goodwill as of October 1, 2022 and December 31, 2021 in the table above is reflected net of $1.6 billion of accumulated impairment charges, of which $1.3 billion was recorded in the global components business segment and $301.9 million was recorded in the global enterprise computing solutions ("ECS") business segment.

Schedule of Intangible assets, net

Intangible assets, net, are comprised of the following as of October 1, 2022:

(thousands)	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	290,823	$	(162,578)	$	128,245
Amortizable trade name	74,000		(35,857)		38,143
	$	364,823	$	(198,435)	$	166,388

Intangible assets, net, are comprised of the following as of December 31, 2021:

(thousands)	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	322,335	$	(173,123)	$	149,212
Amortizable trade name	74,049		(28,232)		45,817
	$	396,384	$	(201,355)	$	195,029