XML 44 R34.htm IDEA: XBRL DOCUMENT v3.24.3
Goodwill and Intangible Assets (Tables)
9 Months Ended
Oct. 27, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amounts of Goodwill
The carrying amounts of goodwill by applicable operating segment were as follows:
(in thousands)Signal Integrity
Analog Mixed Signal and Wireless
IoT Systems and ConnectivityTotal
Balance at January 28, 2024$267,205 $83,101 $190,921 $541,227 
Cumulative translation adjustment— — 56 56 
Balance at October 27, 2024$267,205 $83,101 $190,977 $541,283 
Schedule of Acquired Finite-Lived Intangible Assets
The following table sets forth the Company's finite-lived intangible assets, which are amortized over their estimated useful lives:
 October 27, 2024
(in thousands, except estimated useful life)Estimated
Useful Life
Gross
Carrying
Amount
Accumulated
Amortization
Accumulated ImpairmentNet Carrying
Amount
Core technologies
1-8 years
$154,914 $(41,893)$(91,792)$21,229 
Customer relationships
1-10 years
52,250 (13,713)(34,777)3,760 
Trade name
2-10 years
9,000 (3,092)(4,816)1,092 
Capitalized development costs
3 years
295 (74)— 221 
Software licenses7 years200 (7)— 193 
Total finite-lived intangible assets$216,659 $(58,779)$(131,385)$26,495 
January 28, 2024
(in thousands, except estimated useful life)Estimated
Useful Life
Gross
Carrying
Amount
Accumulated
Amortization
Accumulated ImpairmentNet Carrying
Amount
Core technologies
1-8 years
$154,985 $(35,130)$(91,792)$28,063 
Customer relationships
1-10 years
52,272 (13,391)(34,777)4,104 
Trade name
2-10 years
9,000 (2,700)(4,816)1,484 
Total finite-lived intangible assets$216,257 $(51,221)$(131,385)$33,651 
Finite-lived Intangible Assets Amortization Expense
Amortization expense of finite-lived intangible assets was as follows:
Three Months EndedNine Months Ended
(in thousands)October 27, 2024October 29, 2023October 27, 2024October 29, 2023
Core technologies$2,281 $10,008 $6,841 $31,436 
Customer relationships116 4,061 345 12,231 
Trade name33 792 392 2,375 
Capitalized development costs25 — 74 — 
Software licenses— — 
Total amortization expense$2,462 $14,861 $7,659 $46,042 
Schedule of Future Amortization of Intangible Asset
Future amortization expense of finite-lived intangible assets is expected as follows:
(in thousands)Core TechnologiesCustomer RelationshipsTrade NameCapitalized Development CostsSoftware LicensesTotal
2025 (remaining three months)$2,267 $114 $33 $25 $$2,446 
20268,605 458 133 98 29 9,323 
20273,713 458 133 98 29 4,431 
20283,557 458 133 — 29 4,177 
20293,087 383 133 — 29 3,632 
Thereafter— 1,889 527 — 70 2,486 
Total expected amortization expense$21,229 $3,760 $1,092 $221 $193 $26,495 
Schedule of Finite-Lived Intangible Assets The following table sets forth the Company's finite-lived intangible assets not yet placed in service:
(in thousands)Capitalized Development CostsSoftware LicensesTotal
Balance at January 28, 2024$1,000 $915 $1,915 
Additions523 8,375 8,898 
Placed in service(295)(200)(495)
Balance at October 27, 2024$1,228 $9,090 $10,318