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GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)
12 Months Ended
Mar. 28, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill by segment
The changes in the carrying amount of goodwill allocated to the Company's reporting segments for the year ended March 28, 2020 are as follows:
(in thousands)
 
Poly Reportable Segment
 
Products Reportable Segment
 
Services Reportable Segment
 
Total Consolidated
Balance as of March 30, 2019
 
$
1,278,380

 
$

 
$

 
$
1,278,380

Adjustments(1)
 
1,517

 
 
 
 
 
1,517

Impairment prior to re-segmentation
 
(323,088
)
 

 

 
(323,088
)
Allocation due to re-segmentation
 
(956,809
)
 
789,561

 
167,248

 

Impairment after re-segmentation
 

 
(160,593
)
 
 
 
(160,593
)
Balance as of March 28, 2020
 
$

 
$
628,968

 
$
167,248

 
$
796,216


Details of acquired intangible assets
The following table shows the fair value of the separately identifiable intangible assets at the time of Acquisition and the period over which each intangible asset will be amortized:

(in thousands, except for remaining life)
 
Fair Value
 
Weighted-Average Amortization Period
Existing technology
 
$
538,600

 
4.95
Customer relationships
 
245,100

 
5.46
Trade name/Trademarks
 
115,600

 
9.00
Backlog
 
28,100

 
0.25
Total amortizable intangible assets acquired
 
927,400

 
5.45
In-process research and development
 
58,000

 
 
Total acquired intangible assets
 
$
985,400

 
 


As of March 28, 2020 and March 30, 2019, the carrying value of other intangible assets, excluding fully amortized assets, is as follows:
As of
 
March 28, 2020
 
March 30, 2019
 
 
(in thousands)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted Average Remaining Useful Life
Amortizing Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Existing technology
 
$
427,123

 
$
(208,848
)
 
$
218,275

 
$
566,881

 
$
(86,301
)
 
$
480,580

 
3.3 years
Customer relationships
 
240,024

 
(84,506
)
 
155,518

 
245,481

 
(36,245
)
 
209,236

 
4.0 years
Trade name/Trademarks
 
115,600

 
(22,478
)
 
93,122

 
115,600

 
(9,633
)
 
105,967

 
7.3 years
Non-amortizing assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
In-process R&D
 

 

 

 
29,892

 

 
29,892

 
N/A
Total intangible assets
 
$
782,747

 
$
(315,832
)
 
$
466,915

 
$
957,854

 
$
(132,179
)
 
$
825,675

 
4.3 years

Details of acquired intangible assets
The following table shows the fair value of the separately identifiable intangible assets at the time of Acquisition and the period over which each intangible asset will be amortized:

(in thousands, except for remaining life)
 
Fair Value
 
Weighted-Average Amortization Period
Existing technology
 
$
538,600

 
4.95
Customer relationships
 
245,100

 
5.46
Trade name/Trademarks
 
115,600

 
9.00
Backlog
 
28,100

 
0.25
Total amortizable intangible assets acquired
 
927,400

 
5.45
In-process research and development
 
58,000

 
 
Total acquired intangible assets
 
$
985,400

 
 


As of March 28, 2020 and March 30, 2019, the carrying value of other intangible assets, excluding fully amortized assets, is as follows:
As of
 
March 28, 2020
 
March 30, 2019
 
 
(in thousands)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted Average Remaining Useful Life
Amortizing Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Existing technology
 
$
427,123

 
$
(208,848
)
 
$
218,275

 
$
566,881

 
$
(86,301
)
 
$
480,580

 
3.3 years
Customer relationships
 
240,024

 
(84,506
)
 
155,518

 
245,481

 
(36,245
)
 
209,236

 
4.0 years
Trade name/Trademarks
 
115,600

 
(22,478
)
 
93,122

 
115,600

 
(9,633
)
 
105,967

 
7.3 years
Non-amortizing assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
In-process R&D
 

 

 

 
29,892

 

 
29,892

 
N/A
Total intangible assets
 
$
782,747

 
$
(315,832
)
 
$
466,915

 
$
957,854

 
$
(132,179
)
 
$
825,675

 
4.3 years

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of March 28, 2020, expected amortization expense for other intangible assets for each of the next five years and thereafter is as follows:

in thousands
 
Amount
2021
 
$
124,893

2022
 
113,858

2023
 
111,232

2024
 
65,936

2025
 
21,688

Thereafter
 
29,308

 
 
$
466,915