Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.10.0.1
Goodwill and Other Intangible Assets (Tables) - USD ($)
3 Months Ended 9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Sep. 29, 2018
Sep. 30, 2017
Finite-Lived Intangible Assets [Line Items]        
Summary of Goodwill Amounts by Reporting Unit    
Goodwill amounts by reporting unit are summarized as follows: 
 
Goodwill at
Acquisitions (1)
Dispositions
Other (2)
Goodwill at
 
December 30, 2017
September 29, 2018
United States
$
586,437

$
58,667

$

$

$
645,104

Canada
30,372



(940
)
29,432

Mexico
3,694



186

3,880

Total
$
620,503

$
58,667

$

$
(754
)
$
678,416

 
(1)
These amounts relate to the acquisition of MinuteKey in the third quarter of 2018 and adjustments to the opening balance sheet for the acquisition of ST Fastening Systems ("STFS"). STFS was acquired in the fourth quarter of 2017.
(2)
These amounts relate to adjustments resulting from fluctuations in foreign currency exchange rates.
 
Schedule of Finite-Lived Intangible Assets [Table Text Block]    
Other intangibles, net, as of September 29, 2018 and December 30, 2017 consist of the following: 
 
Estimated
Useful Life
(Years)
September 29, 2018
December 30, 2017
Customer relationships
13-20
$
751,634

$
703,399

Trademarks - All Others
Indefinite
85,586

85,759

Technology
8
19,000


Trade Names
15
5,400


Trademarks - TagWorks
5
300

300

KeyWorks license
7
4,447

4,455

Patents
7-15
32,424

31,941

Intangible assets, gross
 
898,791

825,854

Less: Accumulated amortization
 
162,528

132,659

Other intangibles, net
 
$
736,263

$
693,195

 
Amortization $ 10,437,000 $ 9,500,000 $ 29,872,000 $ 28,442,000