XML 44 R30.htm IDEA: XBRL DOCUMENT v3.19.3
Goodwill and Intangible Assets (Tables)
9 Months Ended
Oct. 27, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amounts of Goodwill
Changes in the carrying amount of goodwill by applicable reporting unit were as follows:
(in thousands)
Signal Integrity
 
Wireless and Sensing
 
Protection
 
Total
Balance at January 27, 2019
$
274,085

 
$
72,128

 
$
4,928

 
$
351,141

Additions

 

 

 

Balance at October 27, 2019
$
274,085

 
$
72,128

 
$
4,928

 
$
351,141

(in thousands)
Signal Integrity
 
Wireless and Sensing
 
Protection
 
Total
Balance at January 28, 2018
$
274,085

 
$
67,812

 
$

 
$
341,897

Additions (1) (2)

 
8,500

 
4,778

 
13,278

Balance at October 28, 2018
$
274,085

 
$
76,312

 
$
4,778

 
$
355,175

Schedule of Finite-lived Intangible Assets Acquired
The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions, which continue to be amortized:
 
 
 
October 27, 2019
 
January 27, 2019
(in thousands)
Estimated
Useful Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
Core technologies
5-8 years
 
$
83,088

 
$
(62,674
)
 
$
20,414

 
$
167,930

 
$
(136,544
)
 
$
31,386

Customer relationships
3-10 years
 
6,000

 
(4,978
)
 
1,022

 
34,031

 
(31,159
)
 
2,872

Total finite-lived intangible assets
 
 
$
89,088

 
$
(67,652
)
 
$
21,436

 
$
201,961

 
$
(167,703
)
 
$
34,258

 
Amortization expense of finite-lived intangible assets recorded in the Statements of Income for each period was as follows:
 
Three Months Ended
 
Nine Months Ended
(in thousands)
October 27, 2019
 
October 28, 2018
 
October 27, 2019
 
October 28, 2018
Core technologies
$
3,337

 
$
5,047

 
$
10,971

 
$
15,622

Customer relationships
433

 
1,433

 
1,850

 
4,299

Total amortization expense
$
3,770

 
$
6,480

 
$
12,821

 
$
19,921


Schedule of Future Amortization of Intangible Asset
Future amortization expense of finite-lived intangible assets is expected as follows:
(in thousands)
 
 
 
 
 
Fiscal Year Ending:
Core Technologies
 
Customer Relationships
 
Total
2020 (remaining three months)
$
3,267

 
$
433

 
$
3,700

2021
7,389

 
589

 
7,978

2022
4,655

 

 
4,655

2023
3,714

 

 
3,714

2024
1,389

 

 
1,389

Thereafter

 

 

Total expected amortization expense
$
20,414

 
$
1,022

 
$
21,436


Schedule of Indefinite-Lived Intangible Assets
The following table sets forth the Company’s indefinite-lived intangible assets resulting from additions to in-process research and development:
(in thousands)
Net Carrying Value
Value at January 27, 2019
$
2,300

In-process research and development through acquisitions

Value at October 27, 2019
$
2,300