XML 27 R13.htm IDEA: XBRL DOCUMENT v3.19.1
INTANGIBLE ASSETS
6 Months Ended
Mar. 29, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS
INTANGIBLE ASSETS
The following table reflects the gross carrying amount and accumulated amortization of the Company’s finite-lived intangible assets included in other assets in the condensed consolidated balance sheets:
(In millions)
March 29, 2019
 
September 28, 2018
Acquired existing technology
$
55.6

 
$
57.9

Patents, licenses and other
9.9

 
9.9

Customer contracts and supplier relationship
42.1

 
42.6

Accumulated amortization
(45.8
)
 
(40.6
)
Total intangible assets with finite lives
61.8

 
69.8

In-process research and development with indefinite lives
4.0

 
4.0

Total intangible assets
$
65.8

 
$
73.8


Amortization expense for intangible assets was $3.6 million and $4.2 million for the three months ended March 29, 2019 and March 30, 2018, respectively, and $7.3 million and $8.4 million for the six months ended March 29, 2019 and March 30, 2018, respectively.
During the three and six months ended March 29, 2019, the Company recognized an intangible asset impairment charge of $0.8 million as certain assets were determined not to be recoverable due to a change in the expected future economic benefit of the assets. The impairment charge is included in selling, general and administrative expenses on the condensed consolidated statements of earnings.