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Goodwill and Purchased Intangible Assets - (Tables)
12 Months Ended
Dec. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the Carrying Amount of Goodwill

Goodwill

The changes in the carrying amount of goodwill are as follows:

 

 

Year Ended

 

 

 

December 28,
2024

 

 

December 30,
2023

 

 

 

(in thousands)

 

Balance, beginning of the period

 

$

315,811

 

 

$

315,811

 

Acquired business

 

 

14,169

 

 

 

 

Balance, end of the period

 

$

329,980

 

 

$

315,811

 

The $14.2 million of goodwill acquired in 2024 resulted from the purchase of Lumina Instruments, Inc. See Note 3, “Business Combination,” for further details.

Schedule of Purchased Intangible Assets

Purchased intangible assets as of December 28, 2024 and December 30, 2023 are as follows:

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

 

 

(in thousands)

 

December 28, 2024

 

 

 

 

 

 

 

 

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

Developed technology

 

$

387,716

 

 

$

298,013

 

 

$

89,703

 

Customer and distributor relationships

 

 

73,321

 

 

 

39,370

 

 

 

33,951

 

Trademarks and trade names

 

 

14,171

 

 

 

10,368

 

 

 

3,803

 

Total identifiable intangible assets

 

$

475,208

 

 

$

347,751

 

 

$

127,457

 

 

 

 

 

 

 

 

 

 

 

December 30, 2023

 

 

 

 

 

 

 

 

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

Developed technology

 

$

378,197

 

 

$

254,350

 

 

$

123,847

 

Customer and distributor relationships

 

 

73,321

 

 

 

34,782

 

 

 

38,539

 

Trademarks and trade names

 

 

14,171

 

 

 

9,182

 

 

 

4,989

 

Total identifiable intangible assets

 

$

465,689

 

 

$

298,314

 

 

$

167,375