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Purchased Intangible Assets, Net
12 Months Ended
Dec. 31, 2016
Purchased Intangible Assets, Net

6. Purchased Intangible Assets, Net

Information regarding acquisition-related intangible assets is as follows:

 

     December 31, 2016      January 2, 2016  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
 
     (in thousands)  

Customer relationships

   $ 3,119       $ 2,869       $ 250       $ 3,119       $ 2,646       $ 473   

Purchased technology

     5,148         3,140         2,008         5,148         2,509         2,639   

Covenants not to compete

     40         40                 40         40           

Backlog

     80         80                 80         80           
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total amortizable intangible assets

   $ 8,387       $ 6,129       $ 2,258       $ 8,387       $ 5,275       $ 3,112   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Intangible assets by segment as of December 31, 2016 are as follows: Thin-film Equipment; $2.0 million and Photonics; $217,000.

Total amortization expense of purchased intangibles for fiscal 2016, 2015 and 2014 was $854,000, $854,000, and $936,000 respectively.

 

Estimated future amortization expense related to finite-lived purchased intangible assets as of December 31, 2016, is as follows.

 

(in thousands)       

2017

     755   

2018

     615   

2019

     615   

2020

     273   
  

 

 

 
   $ 2,258