XML 54 R27.htm IDEA: XBRL DOCUMENT v3.20.2
Intangible Assets
12 Months Ended
Oct. 02, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets INTANGIBLE ASSETS
Amortization expense related to intangible assets is as follows (in thousands):
Fiscal Years
202020192018
Cost of revenue$17,462 $29,847 $33,429 
Selling, general and administrative32,868 44,872 48,265 
Total$50,330 $74,719 $81,694 
Intangible assets consist of the following (in thousands):
October 2,
2020
September 27,
2019
Acquired technology$179,434 $179,682 
Customer relationships245,870 245,870 
Trade name, indefinite lived3,400 3,400 
Total 428,704 428,952 
Less accumulated amortization(297,806)(247,724)
Intangible assets — net$130,898 $181,228 
As of October 2, 2020, our estimated amortization of our intangible assets in future fiscal years, was as follows (in thousands):
20212022202320242025Thereafter
Amortization expense$46,213 33,433 26,048 15,410 3,489 2,905 
Accumulated amortization for the acquired technology and customer relationships was $152.1 million and $145.7 million, respectively, as of October 2, 2020, and $134.8 million and $112.9 million, respectively, as of September 27, 2019.
A summary of the activity in intangible assets and goodwill follows (in thousands):
Gross Intangible Assets
Total IntangiblesAcquired
Technology
Customer
Relationships
Trade NameTotal Goodwill
Balance as of September 28, 2018$773,307 $251,673 $518,234 $3,400 $314,076 
Currency translation adjustments270 270 — — 651 
Impairments of intangible assets(344,625)(72,261)(272,364)— — 
Balance as of September 27, 2019428,952 179,682 245,870 3,400 314,727 
Currency translation adjustments— — — — 285 
Disposals of intangible assets(248)(248)— — — 
Balance as of October 2, 2020$428,704 $179,434 $245,870 $3,400 $315,012 
See Note 16 - Impairments, for additional information related to the impairment of our intangible assets.