Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 27, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The amounts for goodwill and changes in the carrying value by segment for the six months ended June 27, 2020 are as follows:

(in thousands)	Electronics		Automotive		Industrial		Total
As of December 28, 2019	$	650,796	$	131,321	$	38,472	$	820,589
Impairments	—		(33,841)		—		(33,841)
Currency translation	860		128		(135)		853
As of June 27, 2020	$	651,656	$	97,608	$	38,337	$	787,601

Schedule of finite-lived intangible assets

The components of other intangible assets as of June 27, 2020 and December 28, 2019 are as follows:

	As of June 27, 2020
(in thousands)	Gross Carrying Value		Accumulated Amortization		Net Book Value
Land use rights	$	9,584	$	1,800	$	7,784
Patents, licenses and software	131,055		$	83,989	$	47,066
Distribution network	43,272		37,302		5,970
Customer relationships, trademarks, and tradenames	360,769		119,928		240,841
Total	$	544,680	$	243,019	$	301,661

	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

Schedule of finite-lived intangible assets, future amortization expense

Estimated annual amortization expense related to intangible assets with definite lives as of June 27, 2020 is as follows:

(in thousands)	Amount
2020	$	39,200
2021	37,811
2022	36,846
2023	32,135
2024	29,356
2025 and thereafter	145,511
Total	$	320,859