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Intangible Assets
6 Months Ended
Jul. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The following table summarizes acquired intangible assets as follows:
July 2, 2022December 31, 2021
(In thousands)
Weighted
Average Life
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Patents11 years$2,146 $2,022 $2,146 $1,979 
Non-compete Agreement4 years11,082 10,845 11,082 10,592 
Trade Names10 years11,384 8,947 11,447 8,518 
Completed and Unpatented Technology9 years47,824 32,682 47,932 30,441 
Customer Relationships15 years142,071 73,373 142,276 69,033 
Total Intangible Assets12 years$214,507 $127,869 $214,883 $120,563 
All acquired intangible assets other than goodwill and one trade name are being amortized. Amortization expense for acquired intangibles is summarized as follows:
Six Months EndedThree Months Ended
(In thousands)
July 2, 2022July 3, 2021July 2, 2022July 3, 2021
Amortization Expense
$7,526 $7,712 $3,761 $3,857 
Amortization expense for acquired intangible assets expected for 2022 and for each of the next five years is summarized as follows:
(In thousands)
2022$14,923 
2023$13,878 
2024$12,856 
2025$10,935 
2026$9,533 
2027$7,825