XML 27 R15.htm IDEA: XBRL DOCUMENT

Note 8 - Intangible Assets

9 Months Ended

Oct. 02, 2021

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

Note 8 - Intangible Assets

On our Consolidated Balance Sheets at October 2, 2021 and January 2, 2021, Intangible assets, net are shown net of accumulated amortization of $134.4 million and $132.0 million, respectively. During the first quarter of fiscal 2021, we entered into license agreements for third-party technology totaling approximately $1.8 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*
		*October 2,*				*September 26,*				*October 2,*				*September 26,*
(In thousands)		*2021*				*2020*				*2021*				*2020*
Research and development		$	223			$	17			$	644			$	45
Amortization of acquired intangible assets			603				603				1,809				3,846
		$	826			$	620			$	2,453			$	3,891