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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 29, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Goodwill balances and activity during the six months ended June 29, 2014 were as follows (in thousands):
 
Carrying Amount
Balance as of December 29, 2013
$
318,111

Adjustment
(181
)
Balance as of June 29, 2014
$
317,930


Intangible Assets
Intangible asset balances were as follows (in thousands):
 
June 29, 2014
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Developed product technology
$
299,069

 
$
(149,241
)
 
$
149,828

Customer relationships
7,600

 
(3,276
)
 
4,324

Trademarks
8,900

 
(2,231
)
 
6,669

Covenants not to compete
2,400

 
(2,400
)
 

Acquisition-related intangible assets
317,969

 
(157,148
)
 
160,821

Technology licenses and patents
109,600

 
(75,878
)
 
33,722

Total intangible assets
$
427,569

 
$
(233,026
)
 
$
194,543


 
December 29, 2013
 
Gross Carrying Amount
 
Accumulated Amortization
 
Impairment
 
Net Carrying Amount
Developed product technology
$
348,385

 
$
(121,304
)
 
$
(44,216
)
 
$
182,865

Customer relationships
20,650

 
(14,426
)
 

 
6,224

Trademarks
14,200

 
(3,634
)
 
(2,812
)
 
7,754

Covenants not to compete
3,100

 
(2,959
)
 

 
141

Acquisition-related intangible assets
386,335

 
(142,323
)
 
(47,028
)
 
196,984

Technology licenses and patents
133,909

 
(89,289
)
 

 
44,620

Total intangible assets subject to amortization
520,244

 
(231,612
)
 
(47,028
)
 
241,604

Acquired IPR&D
42,500

 

 
(36,200
)
 
6,300

Total intangible assets
$
562,744

 
$
(231,612
)
 
$
(83,228
)
 
$
247,904


During the three months ended June 29, 2014, the Company reclassified $6.3 million of acquired in-process research and development (“IPR&D”) to developed product technology and commenced amortization.


Estimated Amortization Expense of Intangible Assets
The annual expected amortization expense of intangible assets subject to amortization as of June 29, 2014, were as follows (in thousands):
 
Acquisition-related Intangible Assets
 
Technology Licenses and Patents
Fiscal year:
 
 
 
2014 (remaining 6 months)
$
41,942

 
$
10,333

2015
49,374

 
20,056

2016
41,804

 
3,333

2017
25,916

 

2018
1,260

 

2019
525

 

Total intangible assets subject to amortization
$
160,821

 
$
33,722