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Note 8 - Intangible Assets
9 Months Ended
Sep. 26, 2020
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

Note 8 - Intangible Assets

 

On our Consolidated Balance Sheets at September 26, 2020 and December 28, 2019, Intangible assets, net are shown net of accumulated amortization of $131.3 million and $127.4 million, respectively. During the third quarter of fiscal 2020, we entered into license agreements for third-party technology totaling approximately $0.4 million and have recorded them as intangible assets. These licenses are being amortized to Research and development expense over their estimated useful lives.

 

We recorded amortization expense related to intangible assets on the Consolidated Statements of Operations as presented in the following table:

 

  

Three Months Ended

  

Nine Months Ended

 
  

September 26,

  

September 28,

  

September 26,

  

September 28,

 

(In thousands)

 

2020

  

2019

  

2020

  

2019

 

Research and development

 $17  $14  $45  $41 

Amortization of acquired intangible assets

  603   3,389   3,846   10,168 
  $620  $3,403  $3,891  $10,209