Helios Technologies Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 30, 2013

Goodwill and Intangible Assets [Abstract]

Summary of changes in goodwill

A summary of changes in goodwill at March 30, 2013 is as follows:


Balance at December 29, 2012		$	4,472
Acquisitions			—
Currency translation			(70	)

Balance at March 30, 2013		$	4,402

Schedule of intangible assets

At March 30, 2013, and December 29, 2012, intangible assets consisted of the following:


						March 30, 2013												December 29, 2012
		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			$	(113	)		$	643			$	756			$	(95	)		$	661
Technology			10				697				(274	)			423				697				(256	)			441
Customer Relationships			20				1,475				(111	)			1,364				1,475				(92	)			1,383

						$	2,928			$	(498	)		$	2,430			$	2,928			$	(443	)		$	2,485

Schedule of estimated amortization expense

Total estimated amortization expense for the years 2014 through 2018 is presented below.


Year:
2014			219
2015			206
2016			192
2017			192
2018			192

Total		$	1,001

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

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