GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Sep. 28, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table summarizes the Company's recorded goodwill by reportable segments as of September 28, 2019 and September 29, 2018:

(in thousands)	Capital Equipment			APS
Balance at September 29, 2018	$	30,159		$	26,391
Other	(679		)	(180		)
Balance at September 28, 2019	$	29,480		$	26,211

Net intangible assets

The following table reflects net intangible assets as of September 28, 2019 and September 29, 2018: 

	As of						Average estimated
(dollar amounts in thousands)	September 28, 2019			September 29, 2018			useful lives (in years)
Developed technology	$	87,209		$	90,500		7.0 to 15.0
Accumulated amortization	(48,718		)	(45,229		)
Net developed technology	$	38,491		$	45,271
Customer relationships	$	35,180		$	36,131		5.0 to 6.0
Accumulated amortization	(31,862		)	(29,820		)
Net customer relationships	$	3,318		$	6,311
Trade and brand names	$	7,219		$	7,377		7.0 to 8.0
Accumulated amortization	(6,377		)	(6,088		)
Net trade and brand names	$	842		$	1,289
Other intangible assets	$	2,500		$	2,500		1.9
Accumulated amortization	(2,500		)	(2,500		)
Net wedge bonder other intangible assets	$	—		$	—
Net intangible assets	$	42,651		$	52,871

Estimated annual amortization expense related to intangible assets

The following table reflects estimated annual amortization expense related to intangible assets as of September 28, 2019:

	As of
(in thousands)	September 28, 2019
Fiscal 2020	$	7,196
Fiscal 2021	5,212
Fiscal 2022	4,271
Fiscal 2023	4,177
Fiscal 2024 and thereafter	21,795
Total amortization expense	$	42,651