Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2011

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Note 13—Goodwill and Other Intangible Assets

As of June 30, 2011, the Company has goodwill totaling $1,576,987 of which $1,503,438 is related to the Interconnect Products and Assemblies segment with the remainder related to the Cable Products segment.  For the six months ended June 30, 2011, goodwill increased by $43,688, primarily as a result of an acquisition in the Interconnect Products and Assemblies segment made during the year and currency translation.

The Company’s intangible assets are subject to amortization except for goodwill. A summary of the Company’s amortizable intangible assets as of June 30, 2011 and December 31, 2010 is as follows:

	June 30, 2011				December 31, 2010
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer relationships	$	106,100	$	32,900	$	104,100	$	27,800
Proprietary technology	41,800		13,700		39,800		12,100
License agreements	6,000		4,200		6,000		3,800
Trade names and other	9,400		7,900		9,200		7,800
Total	$	163,300	$	58,700	$	159,100	$	51,500

Customer relationships, proprietary technology, license agreements and trade names and other amortizable intangible assets have weighted average useful lives of approximately 10 years, 14 years, 8 years and 15 years, respectively, for an aggregate weighted average useful life of approximately 11 years.

Intangible assets are included in other long-term assets in the accompanying Condensed Consolidated Balance Sheets.  The amortization expense for the three months ended June 30, 2011 and 2010 was approximately $3,800 and $3,200, respectively.  The amortization expense for the six months ended June 30, 2011 and 2010 was approximately $7,400 and $6,300, respectively.  As of June 30, 2011, amortization expense estimated for each of the next five fiscal years is approximately $14,700 in 2011, $14,900 in 2012, $11,600 in 2013, $9,700 in 2014, and $9,200 in 2015.