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Goodwill And Purchased Intangible Assets
3 Months Ended
Jul. 29, 2011
Goodwill And Purchased Intangible Assets  
Goodwill And Purchased Intangible Assets
6. Goodwill and Purchased Intangible Assets

Goodwill and identified intangible assets are summarized as follows (in millions):

 

Goodwill:

  

April 29, 2011

   $ 760.3   

Additions

     143.7   
  

 

 

 

July 29, 2011

   $ 904.0   
  

 

 

 

 

     July 29, 2011      April 29, 2011  
     Gross
Assets
     Accumulated
Amortization
    Net
Assets
     Gross
Assets
     Accumulated
Amortization
    Net
Assets
 

Identified Intangible Assets:

               

Developed technology

   $ 282.1       $ (37.1   $ 245.0       $ 66.1       $ (23.2   $ 42.9   

Customer contracts/relationships

     59.5         (13.6     45.9         12.0         (4.6     7.4   

Trademarks and trade names

     14.7         (6.7     8.0         7.7         (5.5     2.2   

Covenants not to compete

     2.2         (0.3     1.9         0.6         (0.1     0.5   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total identified intangible assets

   $ 358.5       $ (57.7   $ 300.8       $ 86.4       $ (33.4   $ 53.0   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

 

Amortization expense for identified intangible assets is summarized below (in millions):

 

     Three Months Ended     

Statements of Operations

Classifications

     July 29, 2011      July 30, 2010     

Developed technology

   $ 13.9       $ 4.4       Cost of product revenues

Customer contracts/relationships

     9.0         0.8       Sales and marketing

Trademarks and trade names

     1.2         0.3       Sales and marketing

Covenants not to compete

     0.2         0.0      

Sales and marketing /

Research and development

  

 

 

    

 

 

    
   $ 24.3       $ 5.5      
  

 

 

    

 

 

    

As of July 29, 2011, future amortization expense related to identifiable intangible assets is as follows (in millions):

 

Fiscal Year

   Amount  

Remainder of 2012

   $ 64.7   

2013

     84.2   

2014

     52.0   

2015

     50.7   

2016

     46.9   

2017

     2.3   
  

 

 

 

Total

   $ 300.8