Business Acquisition (Tables)

12 Months Ended

Dec. 29, 2013

Purchase price comprised of business acquisition

The total purchase price was comprised of the following (in thousands):



	Purchase Price
Cash consideration	$	304,982
Estimated fair value of replacement stock options related to pre-combination service	136
Total purchase price	$	305,118

Allocation of purchase price to tangible assets acquired and liabilities assumed

The allocation of the SMART Storage purchase price to the tangible assets acquired and liabilities acquired as of August 22, 2013 is summarized below (in thousands):



	Acquired Tangible Assets and Liabilities
Cash	$	804
Accounts receivable, net	7,827
Inventory	29,331
Deferred taxes - current	921
Other current assets	28,002
Property and equipment	5,734
Deferred taxes - non-current	3,338
Other non-current assets	149
Total assets	76,106

Accounts payable	(11,746		)
Other current liabilities	(34,538		)
Non-current liabilities	(8,979		)
Total liabilities	(55,263		)
Net tangible assets	$	20,843

Intangible Assets and Goodwill as Part of Business Combination [Table Text Block]

The following table presents the allocation of the SMART Storage purchase price (in thousands):



	Purchase Price Allocation
Net tangible assets	$	20,843
Intangible assets:
Developed technology	146,100
Trademarks	8,500
Customer relationships	7,600
In-process research and development	6,300
Total intangible assets	168,500
Goodwill	115,775
Total purchase price	$	305,118

- Definition

A table containing detailed characteristics of finite-lived intangible assets acquired during a business combination. Finite-lived intangible assets are assets that have no physical form, but have expected future economic benefit, and are expected to be used over a defined period. Acquired finite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the Entity) and in total. Additionally, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period are also disclosed. Included in this table are indefinite-lived intangible assets that containis detailed information about the characteristics and cost, by total and major class, of indefinite-lived intangible assets acquired as part of a business combination. Indefinite-lived intangible assets are assets that have no physical form, but have expected future economic benefit. The future benefit is not expected to diminish over a stated period of time. Acquired indefinite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the entity) and in total. This table also includes the goodwill recorded as part of a business combination.

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