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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 26, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets

The changes in the carrying amount of goodwill as of September 26, 2015, by reportable segment are as follows (in thousands):

 
 
Envelope
 
Print
 
Label
 
Total
Balance as of December 27, 2014
 
$
23,433

 
$
42,832

 
$
109,277

 
$
175,542

Foreign currency translation
 

 
(204
)
 

 
(204
)
Balance as of September 26, 2015
 
$
23,433

 
$
42,628

 
$
109,277

 
$
175,338



Other intangible assets are as follows (in thousands):
 
 
 
 
 
September 26, 2015
 
December 27, 2014
 
 
Weighted Average Remaining Amortization Period (Years)
 
Gross
Carrying
Amount
 
Accumulated Impairment Charges
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated Impairment Charges
 
Accumulated
Amortization
 
Net
Carrying
Amount
Intangible
assets with
definite
lives:
 
 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Customer relationships
 
7
 
$
114,345

 
$
(27,234
)
 
$
(53,409
)
 
$
33,702

 
$
114,301

 
$
(27,234
)
 
$
(48,356
)
 
$
38,711

Trademarks and trade names
 
23
 
64,540

 
(46,493
)
 
(8,519
)
 
9,528

 
64,550

 
(46,493
)
 
(8,157
)
 
9,900

Leasehold interest
 
18
 
4,430

 

 
(460
)
 
3,970

 
4,430

 

 
(291
)
 
4,139

Patents
 
10
 
3,528

 

 
(3,184
)
 
344

 
3,528

 

 
(3,159
)
 
369

Subtotal
 
11
 
186,843

 
(73,727
)
 
(65,572
)
 
47,544

 
186,809

 
(73,727
)
 
(59,963
)
 
53,119

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangible
assets with
indefinite
lives:
 
 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Trademarks
 
 
 
84,900

 

 

 
84,900

 
84,900

 

 

 
84,900

Total
 
 
 
$
271,743

 
$
(73,727
)
 
$
(65,572
)
 
$
132,444

 
$
271,709

 
$
(73,727
)
 
$
(59,963
)
 
$
138,019


 
Annual amortization expense of intangible assets for the next five years is estimated to be as follows (in thousands):
 
 
 
Annual Estimated
 Expense
Remainder of 2015
 
$
1,904

2016
 
5,708

2017
 
5,279

2018
 
5,003

2019
 
4,885

2020
 
4,885

Thereafter
 
19,880

Total
 
$
47,544



Asset Impairments
 
There were no goodwill or intangible asset impairments recorded in the three and nine months ended September 26, 2015, and September 27, 2014.