Intangible Assets

3 Months Ended

Mar. 29, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Indefinite-lived intangible assets are tested and reviewed annually for impairment during the fourth quarter or whenever there is a significant change in events or circumstances that indicate that the fair value of the asset may be less than the carrying amount of the asset. All other intangible assets with finite useful lives are being amortized on a straight-line basis over their estimated useful lives.

The following table sets forth the gross amount and accumulated amortization of the Company's intangible assets at March 29, 2014 and December 28, 2013:



In thousands	March 29, 2014			December 28, 2013
Technology	$	41,050		$	41,029
Customer relationships	86,284			86,155
Loan acquisition costs	30,067			30,067
Other	11,956			11,943
Total gross finite-lived intangible assets	169,357			169,194
Accumulated amortization	(30,452		)	(26,515		)
Total net finite-lived intangible assets	138,905			142,679
Tradenames (indefinite-lived)	25,500			25,500
Total	$	164,405		$	168,179

As of March 29, 2014, the Company had recorded intangible assets of $164.4 million, which includes amounts associated with loan acquisition costs. These expenditures represent the cost of obtaining financings that are capitalized in the balance sheet and amortized over the term of the loans to which such costs relate.

The following table presents amortization of the Company's intangible assets for the following periods:



In thousands	Three Months Ended March 29, 2014		Three Months Ended March 30, 2013
Intangible assets	$	3,102	$	1,490
Loan acquisition costs	1,026		607
Total	$	4,128	$	2,097

Estimated amortization expense on existing intangible assets for each of the next five years, including fiscal year 2014, is expected to approximate $17 million in 2014, $15 million in 2015, $15 million in 2016, $15 million in 2017 and $15 million in 2018.