Goodwill and Other Intangible Assets, Net (Tables)

6 Months Ended

Jun. 29, 2014

Changes in Carrying Amount of Goodwill, by Reporting Segment

The following table provides information relating to changes in the carrying amount of goodwill by reportable segment for the six months ended June 29, 2014:

	Vascular North America			Anesthesia/ Respiratory North America			Surgical North America		EMEA			Asia		All Other			Total
	(Dollars in thousands)
Balance as of December 31, 2013
Goodwill	$	474,044		$	167,195		$	250,506	$	373,417		$	136,946	$	284,223		$	1,686,331
Accumulated impairment    losses		(219,527	)		(107,073	)		—		—			—		(5,528	)		(332,128	)
		254,517			60,122			250,506		373,417			136,946		278,695			1,354,203
Goodwill related to    acquisitions		—			—			—		—			15,986		—			15,986
Translation adjustment		—			(82	)		—		(279	)		3,636		(108	)		3,167
Balance as of June 29, 2014
Goodwill		474,044			167,113			250,506		373,138			156,568		284,115			1,705,484
Accumulated impairment    losses		(219,527	)		(107,073	)		—		—			—		(5,528	)		(332,128	)
	$	254,517		$	60,040		$	250,506	$	373,138		$	156,568	$	278,587		$	1,373,356

Components of Intangible Assets

The following table provides information as of June 29, 2014 and December 31, 2013 regarding the gross carrying amount of, and accumulated amortization relating to, intangible assets, net:

	Gross Carrying Amount				Accumulated Amortization
	June 29, 2014		December 31, 2013		June 29, 2014			December 31, 2013
	(Dollars in thousands)
Customer relationships	$	638,315	$	628,020	$	(183,363	)	$	(168,223	)
In-process research and development		68,786		68,786		—			—
Intellectual property		435,811		435,869		(133,795	)		(118,086	)
Distribution rights		16,761		16,797		(14,726	)		(14,592	)
Trade names		408,050		407,879		(2,089	)		(1,148	)
Noncompete agreements		337		337		(182	)		(42	)
	$	1,568,060	$	1,557,688	$	(334,155	)	$	(302,091	)

Estimated Annual Amortization Expense

Amortization expense related to intangible assets was $16.1 million and $12.1 million for the three months ended June 29, 2014 and June 30, 2013, respectively, and $32.1 million and $24.6 million for the six months ended June 29, 2014 and June 30, 2013, respectively.  Estimated annual amortization expense for the remainder of 2014 and the next five succeeding years is as follows (dollars in thousands):

2014	$	33,000
2015		55,500
2016		54,500
2017		54,000
2018		53,500
2019		51,000