XML 56 R30.htm IDEA: XBRL DOCUMENT v3.20.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Apr. 26, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amounts of Goodwill he carrying amounts of goodwill by applicable reporting unit were as follows:
(in thousands)
Signal Integrity
 
Wireless and Sensing
 
Protection
 
Total
Balance at January 26, 2020
$
274,085

 
$
72,128

 
$
4,928

 
$
351,141

Balance at April 26, 2020
$
274,085

 
$
72,128

 
$
4,928

 
$
351,141


Schedule of Finite-lived Intangible Assets Acquired
The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions, which are amortized over their estimated useful lives:
 
 
 
April 26, 2020
 
January 26, 2020
(in thousands)
Estimated
Useful Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
Core technologies
3-8 years
 
$
43,300

 
$
(26,350
)
 
$
16,950

 
$
82,857

 
$
(63,434
)
 
$
19,423

Customer relationships
3 years
 
4,000

 
(3,778
)
 
222

 
6,000

 
(5,411
)
 
589

Total finite-lived intangible assets
 
 
$
47,300

 
$
(30,128
)
 
$
17,172

 
$
88,857

 
$
(68,845
)
 
$
20,012

 
Amortization expense of finite-lived intangible assets recorded in the Statements of Income for each period was as follows:
 
Three Months Ended
(in thousands)
April 26, 2020
 
April 28, 2019
Core technologies
$
2,473

 
$
4,160

Customer relationships
367

 
983

Total amortization expense
$
2,840

 
$
5,143

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
Fiscal year 2021 (remaining nine months)
$
5,204

 
$
222

 
$
5,426

Fiscal year 2022
4,942

 

 
4,942

Fiscal year 2023
4,002

 

 
4,002

Fiscal year 2024
1,676

 

 
1,676

Fiscal year 2025
287

 

 
287

Thereafter
839

 

 
839

Total expected amortization expense
$
16,950

 
$
222

 
$
17,172