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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 29, 2012
GOODWILL AND INTANGIBLE ASSETS  
Schedule of changes in the carrying amount of goodwill

 

 

 

 

PPT

 

Lasers

 

Ophir

 

 

 

(In thousands)

 

Division

 

Division

 

Division

 

Total

 

Balance at January 1, 2011:

 

 

 

 

 

 

 

 

 

Goodwill

 

$

69,322

 

$

104,562

 

$

 

$

173,884

 

Accumulated impairment losses

 

 

(104,562

)

 

(104,562

)

 

 

69,322

 

 

 

69,322

 

Goodwill acquired

 

 

6,745

 

67,826

 

74,571

 

Foreign currency impact

 

 

(634

)

 

(634

)

Balance at December 31, 2011:

 

 

 

 

 

 

 

 

 

Goodwill

 

69,322

 

110,673

 

67,826

 

247,821

 

Accumulated impairment losses

 

 

(104,562

)

 

(104,562

)

 

 

69,322

 

6,111

 

67,826

 

143,259

 

Goodwill acquired

 

4,035

 

 

 

4,035

 

Goodwill impairment

 

 

 

(67,797

)

(67,797

)

Foreign currency impact

 

 

118

 

(29

)

89

 

Balance at December 29, 2012:

 

 

 

 

 

 

 

 

 

Goodwill

 

73,357

 

110,791

 

67,797

 

251,945

 

Accumulated impairment losses

 

 

(104,562

)

(67,797

)

(172,359

)

 

 

$

73,357

 

$

6,229

 

$

 

$

79,586

 

Schedule of intangible assets, excluding goodwill

 

 

 

December 29,

 

December 31,

 

(In thousands)

 

2012

 

2011

 

Intangible assets subject to amortization:

 

 

 

 

 

Developed technology, net of accumulated amortization of $10,885 and $6,903 as of December 29, 2012 and December 31, 2011, respectively

 

$

29,742

 

$

51,159

 

Customer relationships, net of accumulated amortization of $26,255 and $16,500 as of December 29, 2012 and December 31, 2011, respectively

 

20,100

 

61,609

 

In-process research and development, net of accumulated amortization of $158 and $0 as of December 29, 2012 and December 31, 2011, respectively

 

7,746

 

10,057

 

Other, net of accumulated amortization of $5,915 and $1,996 as of December 29, 2012 and December 31, 2011, respectively

 

1,553

 

5,507

 

 

 

59,141

 

128,332

 

Intangible assets not subject to amortization:

 

 

 

 

 

Trademarks and trade names

 

18,305

 

22,240

 

Intangible assets, net

 

$

77,446

 

$

150,572

 

Schedule of estimated aggregate amortization expense for future fiscal years

 

 

(In thousands)

 

Estimated
Aggregate
Amortization
Expense

 

2013

 

$

10,263

 

2014

 

8,276

 

2015

 

6,642

 

2016

 

6,262

 

2017

 

5,288

 

Thereafter

 

19,399

 

 

 

$

56,130