XML 52 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
Business Combinations (Tables)
9 Months Ended
Jun. 29, 2012
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The preliminary allocation of the purchase price is based on the estimated fair values of the assets acquired and liabilities assumed by major class related to the AATI acquisition and are reflected, as of the acquisition date, in the accompanying financial statements as follows (in thousands):
 
 
As of
Estimated fair value of assets acquired
 
January 9,
2012
Cash
 
$
42,605

Short-term investments
 
20,900

Accounts receivable
 
10,962

Inventory
 
15,470

Deferred tax assets
 
18,358

Property, plant and equipment
 
3,693

Other assets
 
2,139

Identifiable intangible assets
 
40,240

Goodwill
 
138,742

Total assets acquired
 
293,109

Liabilities assumed
 
(15,765
)
Estimated fair value of assets acquired
 
$
277,344


Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
The preliminary amount of the AATI purchase price allocated to identifiable intangible assets recognized in the acquisition of AATI and the respective useful lives of such intangible assets as of January 9, 2012 were as follows (in thousands):
 
 
Fair Value
 
Estimated Useful Life (Years)
Customer relationships
 
$
21,200

 
4.7
Developed technology
 
15,500

 
5.0
In process research and development ("IPR&D")
 
1,540

 
TBD
Trade name
 
900

 
5.0
Backlog
 
1,100

 
0.3
Total identifiable intangible assets
 
$
40,240

 
 
Business Acquisition, Pro Forma Information
These unaudited results are presented for informational purposes only and are not necessarily indicative of future operations (in thousands, except per share amounts):
 
 
Nine-months Ended
 
 
June 29,
2012
 
July 1,
2011
Revenue
 
$
1,163,908

 
$
1,085,248

Net income
 
$
156,729

 
$
115,536

Diluted earnings per common share
 
$
0.82

 
$
0.61