Goodwill And Intangible Assets (Tables)

3 Months Ended

Jan. 25, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

The following table presents a summary of the net carrying value of the Company’s intangible assets (in thousands):



	January 25, 2014		October 26, 2013
Indefinite-lived intangible assets
Goodwill	$	1,640,629	$	1,645,437
In-process research and development ⁽¹⁾	21,590		21,590
Finite-lived intangible assets
Total intangible assets subject to amortization	2,323		18,668
Total intangible assets	$	1,664,542	$	1,685,695

⁽¹⁾

Acquired in-process research and development (“IPRD”) is an intangible asset accounted for as an indefinite-lived asset until the completion or abandonment of the associated research and development effort. While accounted as an indefinite-lived asset, the IPRD intangible asset is subject to testing for impairment annually, as of the first day of the second fiscal quarter, and whenever events or changes in facts and circumstances indicate that it is more likely than not that IPRD is impaired. If the research and development effort associated with the IPRD is successfully completed, then the IPRD intangible asset will be amortized over its estimated useful life to be determined at the date the effort is completed. During the three months ended January 25, 2014, the IPRD intangible asset was not amortized due to the current stage of the associated research and development effort, which is expected to be completed in fiscal year 2014.

Schedule Of Goodwill Activity By Reportable Segment

The following table summarizes goodwill activity by reportable segment for the three months ended January 25, 2014 (in thousands):



	SAN Products			IP Networking Products			Global Services		Total
Balance at October 26, 2013
Goodwill	$	176,878		$	1,358,975		$	155,416	$	1,691,269
Accumulated impairment losses	—			(45,832		)	—		(45,832		)
	176,878			1,313,143			155,416		1,645,437
Divestitures⁽¹⁾	(474		)	(3,657		)	—		(4,131		)
Tax and other adjustments during the three months ended January 25, 2014 ⁽²⁾	(17		)	(660		)	—		(677		)
Balance at January 25, 2014
Goodwill	176,387			1,354,658			155,416		1,686,461
Accumulated impairment losses	—			(45,832		)	—		(45,832		)
	$	176,387		$	1,308,826		$	155,416	$	1,640,629


⁽¹⁾	The goodwill disposed relates to the sale of the Company’s network adapter business, see Note 3, “Acquisitions and Divestitures,” of the Notes to Condensed Consolidated Financial Statements.


⁽²⁾	The goodwill adjustments during the three months ended January 25, 2014, were primarily a result of tax benefits from the exercise of stock awards of acquired companies.

Schedule Of Finite-Lived Intangible Assets

The following tables present details of the Company’s finite-lived intangible assets (in thousands, except for weighted-average remaining useful life):



January 25, 2014	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted- Average Remaining Useful Life (in years)
Trade name	$	460	$	138	$	322	2.76
Core/developed technology	1,040		416		624		1.76
Customer relationships	1,080		268		812		3.76
Non-compete agreements	810		245		565		2.76
Total intangible assets ⁽¹⁾	$	3,390	$	1,067	$	2,323	2.84

October 26, 2013	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted- Average Remaining Useful Life (in years)
Trade name	$	460	$	110	$	350	3.01
Core/developed technology	192,340		185,254		7,086		0.35
Customer relationships	287,090		276,473		10,617		0.51
Non-compete agreements	810		195		615		3.01
Total intangible assets	$	480,700	$	462,032	$	18,668	0.58


⁽¹⁾	During the three months ended January 25, 2014, $477.3 million of intangible assets became fully amortized and, therefore, were removed from the balance sheet.

Schedule Of Amortization Of Intangible Assets Included On Consolidated Statements Of Operations

The following table presents the amortization of finite-lived intangible assets included in the Condensed Consolidated Statements of Operations (in thousands):



	Three Months Ended
	January 25, 2014		January 26, 2013
Cost of revenues	$	6,462	$	10,780
Operating expenses	9,883		14,856
Total	$	16,345	$	25,636

Schedule Of Estimated Future Amortization Of Intangible Assets

The following table presents the estimated future amortization of finite-lived intangible assets as of January 25, 2014 (in thousands):



Fiscal Year	Estimated Future Amortization
2014 (remaining nine months)	$	649
2015	865
2016	553
2017	238
2018	18
Total	$	2,323