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Goodwill And Intangible Assets
6 Months Ended
Mar. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS

There were no changes to the carrying amount of goodwill during the three and six months ended March 27, 2020.

The Company tests its goodwill for impairment annually as of the first day of its fourth fiscal quarter and in interim periods if certain events occur indicating the carrying value of goodwill may be impaired. There were no indicators of impairment noted during the three and six months ended March 27, 2020.

Intangible assets consist of the following (in millions):
 
 
As of
 
As of
 

Weighted
Average
Amortization
Period (Years)
March 27, 2020
 
September 27, 2019
 
 
 
Gross
Carrying
Amount
 

Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying Amount
 

Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships
5.0
$
18.2

 
$
(13.9
)
 
$
4.3

 
$
25.6

 
$
(19.5
)
 
$
6.1

Developed technology and other
4.1
94.4

 
(65.0
)
 
29.4

 
94.4

 
(48.9
)
 
45.5

Trademarks
3.0
1.6

 
(1.6
)
 

 
1.6

 
(1.3
)
 
0.3

Technology licenses
3.1
25.1

 
(9.3
)
 
15.8

 
24.9

 
(4.8
)
 
20.1

IPR&D

35.9

 

 
35.9

 
35.9

 

 
35.9

Total intangible assets

$
175.2

 
$
(89.8
)
 
$
85.4

 
$
182.4

 
$
(74.5
)
 
$
107.9



Fully amortized intangible assets are eliminated from both the gross and accumulated amortization amounts in the first quarter of each fiscal year. Accrued technology licenses payable of $14.2 million and $20.1 million have been included in other current liabilities within the consolidated balance sheets as of March 27, 2020, and September 27, 2019, respectively.

Annual amortization expense for the next five fiscal years related to definite-lived intangible assets, excluding IPR&D, is expected to be as follows (in millions):
 
Remaining 2020
 
2021
 
2022
 
2023
 
2024
 
Thereafter
Amortization expense, cost of goods sold
$
9.6

 
$
2.7

 
$
0.1

 
$
0.1

 
$
0.1

 
$
1.8

Amortization expense, operating expense
$
10.9

 
$
15.3

 
$
5.0

 
$
1.0

 
$
1.0

 
$
1.9

Total amortization expense
$
20.5

 
$
18.0

 
$
5.1

 
$
1.1

 
$
1.1

 
$
3.7