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Note 8 - Intangible Assets
3 Months Ended
Apr. 02, 2022
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

Note 8 - Intangible Assets

 

On our Consolidated Balance Sheets at April 2, 2022 and January 1, 2022, Intangible assets, net are shown net of accumulated amortization of $136.9 million and $135.5 million, respectively. In prior years, we entered into license agreements for third-party technology 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

 
  

April 2,

  

April 3,

 

(In thousands)

 

2022

  

2021

 

Research and development

 $263  $198 

Amortization of acquired intangible assets

  1,169   603 
  $1,432  $801