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Goodwill and Purchased Intangible Assets
3 Months Ended
Mar. 31, 2012
Goodwill and Purchased Intangible Assets [Abstract]  
Goodwill and Purchased Intangible Assets

4. Goodwill and Purchased Intangible Assets

Goodwill and indefinite-life intangible assets are tested for impairment on an annual basis or more frequently upon the occurrence of circumstances that indicate that goodwill and indefinite-life intangible assets may be impaired. In the fourth quarter of fiscal 2011, Intevac performed its annual impairment analysis and the results of the analysis indicated that Intevac’s goodwill and purchased intangible assets with an indefinite useful life were not impaired. At March 31, 2012, Intevac had a total of $18.4 million of goodwill and $4.1 million of indefinite-life intangible assets. At March 31, 2012, $10.5 million of goodwill is attributed to the Equipment segment and $7.9 million of goodwill is attributed to the Intevac Photonics segment.

Total amortization expense of finite-lived intangibles for the three months ended March 31, 2012 was $136,000. As of March 31, 2012, future amortization expense is expected to be $406,000 for the remainder of 2012, $541,000 for 2013, $363,000 for 2014, $284,000 for 2015, $281,000 for 2016 and $310,000 thereafter. Intangible assets by segment are as follows: Equipment: $5.5 million and Intevac Photonics: $840,000.