Goodwill and Intangbile Assets

3 Months Ended

Apr. 01, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill were as follows as of the dates indicated:



(In thousands)	North American Residential			Europe		Architectural			Total
December 31, 2017	$	2,867		$	35,431	$	100,151		$	138,449
Goodwill from 2018 acquisitions	—			36,503		—			36,503
Foreign exchange fluctuations	(8		)	1,000		(74		)	918
April 1, 2018	$	2,859		$	72,934	$	100,077		$	175,870

The cost and accumulated amortization values of our intangible assets were as follows as of the dates indicated:



	April 1, 2018
(In thousands)	Cost		Accumulated Amortization			Translation Adjustment			Net Book Value
Definite life intangible assets:
Customer relationships	$	207,610	$	(84,258	)	$	(10,212	)	$	113,140
Patents	33,560		(22,277		)	(711		)	10,572
Software	34,149		(31,477		)	(192		)	2,480
Trademarks and tradenames	15,089		(2,306		)	(128		)	12,655
Other	12,340		(10,186		)	(1,762		)	392
Total definite life intangible assets	302,748		(150,504		)	(13,005		)	139,239
Indefinite life intangible assets:
Trademarks and tradenames	108,572		—			(7,949		)	100,623
Total intangible assets	$	411,320	$	(150,504	)	$	(20,954	)	$	239,862



	December 31, 2017
(In thousands)	Cost		Accumulated Amortization			Translation Adjustment			Net Book Value
Definite life intangible assets:
Customer relationships	$	160,327	$	(79,628	)	$	(11,338	)	$	69,361
Patents	31,999		(21,768		)	(686		)	9,545
Software	33,574		(31,183		)	(190		)	2,201
Other	15,246		(11,836		)	(1,781		)	1,629
Total definite life intangible assets	241,146		(144,415		)	(13,995		)	82,736
Indefinite life intangible assets:
Trademarks and tradenames	108,572		—			(8,824		)	99,748
Total intangible assets	$	349,718	$	(144,415	)	$	(22,819	)	$	182,484

Amortization of intangible assets was $6.1 million and $5.9 million for the three months ended April 1, 2018, and April 2, 2017, respectively. Amortization expense is classified within selling, general and administration expenses in the condensed consolidated statements of comprehensive income (loss).

The estimated future amortization of intangible assets with definite lives as of April 1, 2018, is as follows:



(In thousands)
Fiscal year:
2018 (remaining nine months)	$	20,254
2019	24,603
2020	20,543
2021	17,309
2022	13,832

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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