XML 79 R15.htm IDEA: XBRL DOCUMENT v3.19.3
Goodwill & Intangible Assets
 12 Months Ended
Sep. 27, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill & Intangible Assets
Goodwill
The following table outlines changes to the carrying amount of goodwill (in thousands):
 
Goodwill
Balance at September 29, 2017
$
311,087

Acquired goodwill
18,394

Translation adjustments
(1,499
)
Balance at September 28, 2018
$
327,982

Acquired goodwill
9,367

Translation adjustments
(2,520
)
Balance at September 27, 2019
$
334,829


Intangible Assets
Intangible assets are stated at their original cost less accumulated amortization. Intangible assets subject to amortization consisted of the following (in thousands):
 
September 27, 2019
 
September 28, 2018
Intangible Assets, Net
Cost
Accumulated
Amortization
Net
 
Cost
Accumulated
Amortization
Net
Acquired patents and technology
$
338,075

$
(176,867
)
$
161,208

 
$
319,082

$
(152,775
)
$
166,307

Customer relationships
64,728

(45,510
)
19,218

 
58,342

(41,012
)
17,330

Other intangibles
22,902

(22,437
)
465

 
22,742

(22,360
)
382

Total
$
425,705

$
(244,814
)
$
180,891

 
$
400,166

$
(216,147
)
$
184,019


During fiscal 2019 and 2018, we purchased various patents and developed technology for purchase consideration of $27.3 million and $21.0 million, and upon acquisition, these intangible assets had a weighted-average useful life of 7.9 years and 10.5 years, respectively. These acquisitions facilitate our R&D efforts, technologies and potential product offerings.
Amortization expense for our intangible assets is included in cost of licensing, cost of products, R&D and S&M expenses in our consolidated statements of operations. Amortization expense was $29.7 million, $26.5 million, and $30.9 million in fiscal 2019, 2018 and 2017, respectively. As of September 27, 2019, expected amortization expense of our intangible assets in future periods was as follows (in thousands):
Fiscal Year
 Amortization Expense
2020
$
31,064

2021
30,825

2022
28,582

2023
23,646

2024
21,725

Thereafter
45,049

Total
$
180,891