Goodwill and Intangible Assets

12 Months Ended

Mar. 28, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill for fiscal 2020 are as follows (in thousands):



	Mobile Products		Infrastructure and Defense Products		Total
Balance as of March 30, 2019 (1)	$	1,751,503	$	422,386	$	2,173,889
Active-Semi acquisition	—		130,802		130,802
Cavendish acquisition	100,845		—		100,845
Custom MMIC acquisition	—		55,654		55,654
Decawave acquisition	149,703		—		149,703
Effect of changes in foreign currency exchange rates (2)	3,381		—		3,381
Balance as of March 28, 2020 (1)	$	2,005,432	$	608,842	$	2,614,274

(1) The Company’s goodwill balance is presented net of accumulated impairment losses and write-offs of $621.6 million.

(2) Represents the impact of foreign currency translation when goodwill is recorded in foreign entities whose functional currency is also their local currency.

Goodwill is allocated to the reporting units that are expected to benefit from the synergies of the business combinations generating the underlying goodwill.

The following summarizes information regarding the gross carrying amounts and accumulated amortization of intangible assets (in thousands):



	March 28, 2020				March 30, 2019
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Developed technology	$	1,325,472	$	652,400	$	1,246,335	$	960,793
Customer relationships	463,772		346,799		1,272,725		1,161,735
Technology licenses	3,271		2,327		14,704		13,026
Backlog	1,600		267		—		—
Trade names	1,200		283		29,391		29,391
Non-compete agreement	—		—		1,026		1,026
IPRD	9,600		N/A		10,000		N/A
Effect of changes in foreign currency exchange rates (1)	6,064		11		—		—
Total	$	1,810,979	$	1,002,087	$	2,574,181	$	2,165,971

(1) Represents the impact of foreign currency translation when intangibles are recorded in foreign entities whose functional currency is also their local currency.

Total intangible assets amortization expense was $247.3 million, $454.5 million and $539.8 million in fiscal years 2020, 2019 and 2018, respectively.

The following table provides the Company's estimated amortization expense for intangible assets based on current amortization periods for the periods indicated (in thousands):



Fiscal Year	Estimated Amortization Expense
2021	$	248,000
2022	119,000
2023	103,000
2024	90,000
2025	76,000