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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Jul. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the Company's recorded goodwill by reportable segments as of July 3, 2021 and October 3, 2020:
(in thousands)Capital EquipmentAPSTotal
Balance at October 3, 2020$30,274 $26,421 $56,695 
Acquired in business combination16,799 — $16,799 
Other149 40 $189 
Balance at July 3, 2021$47,222 $26,461 $73,683 
Net intangible assets The following table reflects net intangible assets as of July 3, 2021 and October 3, 2020: 
 As ofAverage estimated
(dollar amounts in thousands)July 3, 2021October 3, 2020
useful lives (in years)
Developed technology$91,764 $91,044 7.0 to 15.0
Accumulated amortization(57,953)(54,293)
Net developed technology$33,811 $36,751 
Customer relationships$36,507 $36,307 5.0 to 6.0
Accumulated amortization(36,507)(35,587)
Net customer relationships$— $720 
In-process research and development$9,000 $— N.A
Accumulated amortization— — 
Net in-process research and development$9,000 $— 
Trade and brand name$7,439 $7,404 7.0 to 8.0
Accumulated amortization(7,236)(6,903)
Net trade and brand name203 501 
Other intangible assets$4,700 $2,500 1.9 to 6.0
Accumulated amortization(2,683)(2,500)
Net other intangible assets$2,017 $— 
$45,031 $37,972 
Estimated annual amortization expense related to intangible assets
The following table reflects estimated annual amortization expense related to intangible assets as of July 3, 2021:
 As of
(in thousands)July 3, 2021
Remaining fiscal 2021$1,325 
Fiscal 20226,497 
Fiscal 20236,396 
Fiscal 20246,396 
Fiscal 20256,396 
Thereafter18,021 
Total amortization expense$45,031