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Goodwill and Intangible Assets (Tables)
3 Months Ended
Apr. 03, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Components of Gross and Net Intangible Asset

The following table summarizes the components of gross and net intangible asset balances (in thousands):

 

 

 

April 3, 2021

 

 

 

 

January 2, 2021

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Remaining

Amortization Life

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Customer relationships

 

$

340

 

 

$

177

 

 

$

163

 

 

5.77 Years

 

$

240

 

 

$

172

 

 

$

68

 

Developed technology

 

 

900

 

 

 

11

 

 

 

889

 

 

6.92 Years

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

 

300

 

 

 

3

 

 

 

297

 

 

8.92 Years

 

 

 

 

 

 

 

 

 

 

 

 

In-process R&D

 

 

1,000

 

 

 

 

 

 

1,000

 

 

Not applicable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

2,540

 

 

$

191

 

 

$

2,349

 

 

 

 

$

240

 

 

$

172

 

 

$

68

 

Future Estimated Amortization Expense Future estimated amortization expense excluding in-process R&D (in thousands):

 

Fiscal Year:

 

 

 

 

2021 (nine months)

 

$

144

 

2022

 

 

192

 

2023

 

 

192

 

2024

 

 

192

 

2025

 

 

180

 

Thereafter

 

 

449

 

Total

 

$

1,349