Intangibles, net and Goodwill

12 Months Ended

Mar. 28, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The intangibles, net balance included on the Consolidated Balance Sheet was $34.4 million and $67.8 million at March 28, 2020 and March 30, 2019, respectively.

The following information details the gross carrying amount and accumulated amortization of our intangible assets (in thousands):


	March 28, 2020						March 30, 2019
Intangible Category / Weighted-Average Amortization period (in years)	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Core technology (a)	$	1,390	$	(1,390)	$	1,390	$	(1,390)
License agreement (a)	440		(440)		440		(440)
Existing technology (6.7)	111,005		(100,145)		117,976		(94,136)
In-process research & development (“IPR&D”) (7.5)	70,936		(58,284)		97,972		(69,794)
Trademarks and tradename (10.0)	3,037		(2,589)		3,037		(2,461)
Customer relationships (10.0)	15,381		(8,808)		15,381		(7,270)
Backlog (a)	220		(220)		220		(220)
Non-compete agreements (a)	470		(470)		470		(470)
Technology licenses (3.0)	23,820		(19,923)		28,336		(21,194)
Total	$	226,699	$	(192,269)	$	265,222	$	(197,375)

(a)Intangible assets are fully amortized.

Amortization expense for intangibles in fiscal years 2020, 2019, and 2018 was $28.3 million, $47.8 million, and $53.7 million, respectively. The following table details the estimated aggregate amortization expense for all intangibles owned as of March 28, 2020, for each of the five succeeding fiscal years and in the aggregate thereafter (in thousands):


For the year ended March 27, 2021	$	14,368
For the year ended March 26, 2022	$	11,817
For the year ended March 25, 2023	$	6,009
For the year ended March 30, 2024	$	1,695
For the year ended March 29, 2025	$	541
Thereafter	$	—

The goodwill balance included on the Consolidated Balance Sheet is $287.1 million and $286.2 million at March 28, 2020 and March 30, 2019, respectively.