Helios Technologies Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 29, 2012

Goodwill and Intangible Assets [Abstract]

Summary of changes in goodwill

A summary of changes in goodwill at December 29, 2012 and December 31, 2011 is as follows:


Balance at January 1, 2011		$	715
Acquisitions			1,976
Currency translation			—

Balance at December 31, 2011		$	2,691
Acquisitions			1,731
Currency translation			50

Balance at December 29, 2012		$	4,472

Schedule of intangible assets

At December 29, 2012, and December 31, 2011, intangible assets consisted of the following:


						December 29, 2012												December 31, 2011
		Useful life (years)				Gross carrying amount				Accumulated amortization				Net carrying amount				Gross carrying amount				Accumulated amortization				Net carrying amount
Definite-lived intangibles:
Trade Name			10			$	756			$	(95	)		$	661			$	756			$	(19	)		$	737
Technology			10				697				(256	)			441				697				(187	)			510
Customer Relationships			20				1,475				(92	)			1,383				1,475				(18	)			1,457

						$	2,928			$	(443	)		$	2,485			$	2,928			$	(224	)		$	2,704

Schedule of estimated amortization expense

Total estimated amortization expense for the years 2013 through 2017 is presented below.


Year:
2013			219
2014			219
2015			206
2016			192
2017			192

Total		$	1,028

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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