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Goodwill and Other Intangible Assets
12 Months Ended
Dec. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
 
The amounts for goodwill and changes in the carrying value by segment are as follows:
 
(in thousands)
Electronics
 
Automotive
 
Industrial
 
Total
As of December 30, 2017
$
278,959

 
$
135,829

 
$
38,626

 
$
453,414

Additions(a)
382,903

 

 

 
382,903

Foreign currency translation adjustments
(5,823
)
 
(3,497
)
 
(282
)
 
(9,602
)
As of December 29, 2018
$
656,039


$
132,332


$
38,344


$
826,715

Foreign currency translation adjustments
(5,243
)
 
(1,011
)
 
128

 
(6,126
)
As of December 28, 2019
$
650,796


$
131,321


$
38,472


$
820,589



(a)The 2018 additions resulted primarily from the acquisition of IXYS.


The components of intangible assets at December 28, 2019 and December 29, 2018 are as follows:
 
 
As of December 28, 2019
(in thousands)
Gross
Carrying
Value
 
 
Accumulated
Amortization
 
 
Net Book
Value
Land use rights
$
9,649

 
$
1,730

 
$
7,919

Patents, licenses and software
$
131,164

 
$
78,828

 
$
52,336

Distribution network
43,239

 
36,163

 
7,076

Customer relationships, trademarks, and tradenames
360,534

 
106,618

 
253,916

Total
$
544,586


$
223,339


$
321,247

 
 
As of December 29, 2018
(in thousands)
Gross
Carrying
Value
 
 
Accumulated
Amortization
 
 
Net Book
Value
Land use rights
$
6,792

 
$
1,168

 
$
5,624

Patents, licenses and software
$
132,621

 
$
68,263

 
$
64,358

Distribution network
43,876

 
34,564

 
9,312

Customer relationships, trademarks, and tradenames
374,246

 
92,066

 
282,180

Total
$
557,535


$
196,061


$
361,474


 
During the year ended December 29, 2018, the Company recorded additions to other intangible assets of $212.7 million, for acquisitions during 2018, the components of which were as follows:
 
 
2018
(in thousands, except weighted average useful life)
Weighted Average
Useful Life (Years)
 
Amount
Patents, licenses and software
8.0
 
$
51,500

Customer relationships, trademarks, and tradenames
17.2
 
148,800

Order backlog
1.0
 
12,420

Total
 
 
$
212,720


 
For intangible assets with definite lives, the Company recorded amortization expense of $40.0 million, $52.2 million, and $24.7 million in 2019, 2018, and 2017, respectively.
 
Estimated annual amortization expense related to intangible assets with definite lives at December 28, 2019 is as follows:
 
(in thousands)
Amount
2020
$
39,660

2021
37,865

2022
36,724

2023
32,372

2024
29,273

2025 and thereafter
145,353

Total
$
321,247