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Goodwill and Intangible Assets (Tables)
12 Months Ended
Jun. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill [Table Text Block]
Activity and goodwill balances for the fiscal years ended June 27, 2020 and June 29, 2019 were as follows:
 
Goodwill
 
(in thousands)
Balance, June 30, 2018
$
532,251

Balance, June 29, 2019
532,251

Acquisitions
30,289

Balance, June 27, 2020
$
562,540


Useful lives of definite lived intangible assets [Table Text Block]
The useful lives of amortizing intangible assets are as follows:
Asset
 
Life
Intellectual property
 
1-10 years
Customer relationships
 
3-10 years
Trade name
 
1-4 years
Patents
 
5 years

Schedule of intangible assets [Table Text Block]
Intangible assets consisted of the following:
 
 
June 27, 2020
 
June 29, 2019
 
Original
Cost 
 
Accumulated Amortization
 
Net
 
Original
Cost
 
Accumulated Amortization
 
Net
 
(in thousands)
Intellectual property
$
525,196

 
$
458,418

 
$
66,778

 
$
487,346

 
$
445,558

 
$
41,788

Customer relationships
118,335

 
108,603

 
9,732

 
116,505

 
105,901

 
10,604

Trade name
11,374

 
9,265

 
2,109

 
9,974

 
8,914

 
1,060

Backlogs
170

 
25

 
145

 

 

 

Patent
2,500

 
2,500

 

 
2,500

 
2,500

 

Total amortizable intangible assets
657,575

 
578,811

 
78,764

 
616,325

 
562,873

 
53,452

In-process Research and Development
9,195

 

 
9,195

 
2,790

 

 
2,790

Total intangible assets
$
666,770

 
$
578,811

 
$
87,959

 
$
619,115

 
$
562,873

 
$
56,242


Allocated amortization expense of intangible assets [Table Text Block]
The following table presents the amortization expense of intangible assets and its presentation in the Consolidated Statements of Income:
 
For the Year Ended
 
June 27,
2020
 
June 29,
2019
 
June 30,
2018
 
(in thousands)
Cost of goods sold
$
12,860

 
$
21,689

 
$
46,063

Intangible asset amortization
3,078

 
3,041

 
4,467

Total intangible asset amortization expenses
$
15,938

 
$
24,730

 
$
50,530



Estimated future amortization expense of intangible assets [Table Text Block]
The following table represents the estimated future amortization expense of intangible assets as of June 27, 2020:

 
 
Amount
Fiscal Year
 
(in thousands) 
2021
 
$
19,279

2022
 
13,454

2023
 
12,970

2024
 
9,995

2025
 
9,716

Thereafter
 
13,350

Total amortizable intangible assets
 
$
78,764