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Goodwill and Intangible Assets (Tables)
9 Months Ended
Jun. 27, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Acquired Intangible Assets

Goodwill and acquired intangible assets consisted of the following:

 

(in thousands)

 

June 27, 2020

 

 

September 30, 2019

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Book

Value

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Book

Value

 

Goodwill (not amortized)

 

 

 

 

 

 

 

 

 

$

1,605,204

 

 

 

 

 

 

 

 

 

 

$

1,238,179

 

Intangible assets with finite lives (amortized):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchased software

 

$

437,441

 

 

$

299,962

 

 

$

137,479

 

 

$

377,359

 

 

$

278,144

 

 

$

99,215

 

Capitalized software

 

 

22,877

 

 

 

22,877

 

 

 

 

 

 

22,877

 

 

 

22,877

 

 

 

 

Customer lists and relationships

 

 

414,084

 

 

 

311,117

 

 

 

102,967

 

 

 

355,931

 

 

 

288,828

 

 

 

67,103

 

Trademarks and trade names

 

 

22,541

 

 

 

15,814

 

 

 

6,727

 

 

 

18,891

 

 

 

15,260

 

 

 

3,631

 

Other

 

 

3,952

 

 

 

3,952

 

 

 

 

 

 

3,910

 

 

 

3,910

 

 

 

 

 

 

$

900,895

 

 

$

653,722

 

 

$

247,173

 

 

$

778,968

 

 

$

609,019

 

 

$

169,949

 

Total goodwill and acquired intangible assets

 

 

 

 

 

 

 

 

 

$

1,852,377

 

 

 

 

 

 

 

 

 

 

$

1,408,128

 

Schedule of Changes in Goodwill by Reportable Segments

Changes in goodwill presented by reportable segments were as follows:

 

(in thousands)

 

Software

Products

 

 

Professional

Services

 

 

Total

 

Balance, October 1, 2019

 

$

1,196,064

 

 

$

42,115

 

 

$

1,238,179

 

Onshape acquisition

 

 

364,910

 

 

 

 

 

 

364,910

 

Foreign currency translation adjustment

 

 

2,043

 

 

 

72

 

 

 

2,115

 

Balance, June 27, 2020

 

$

1,563,017

 

 

$

42,187

 

 

$

1,605,204

 

Schedule of Aggregate Amortization Expense for Intangible Assets with Finite Lives

The aggregate amortization expense for intangible assets with finite lives was classified in our Consolidated Statements of Operations as follows:

 

(in thousands)

 

Three months ended

 

 

Nine months ended

 

 

 

June 27,

2020

 

 

June 29,

2019

 

 

June 27,

2020

 

 

June 29,

2019

 

Amortization of acquired intangible assets

 

$

7,302

 

 

$

5,920

 

 

$

21,367

 

 

$

17,786

 

Cost of license revenue

 

 

6,857

 

 

 

6,873

 

 

 

20,535

 

 

 

20,432

 

Total amortization expense

 

$

14,159

 

 

$

12,793

 

 

$

41,902

 

 

$

38,218