Purchased Intangible Assets, Net

6 Months Ended

Oct. 25, 2013

Purchased Intangible Assets, Net

5.  Purchased Intangible Assets, Net

Purchased intangible assets, net are summarized below (in millions):

	October 25, 2013							April 26, 2013
	Gross Assets		Accumulated Amortization			Net Assets		Gross Assets		Accumulated Amortization			Net Assets
Developed technology	$	283.0	$	(134.0	)	$	149.0	$	312.4	$	(134.9	)	$	177.5
Customer contracts/relationships		9.6		(8.7	)		0.9		54.7		(53.1	)		1.6
Trademarks and trade names		2.9		(2.2	)		0.7		9.9		(8.9	)		1.0
Covenants not to compete		1.6		(1.3	)		0.3		2.2		(1.7	)		0.5
Total purchased intangible assets	$	297.1	$	(146.2	)	$	150.9	$	379.2	$	(198.6	)	$	180.6

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

	Three Months Ended				Six Months Ended
	October 25, 2013		October 26, 2012		October 25, 2013		October 26, 2012		Statements of  Operations Classifications
Developed technology	$	14.3	$	14.0	$	28.6	$	27.9	Cost of revenues
Customer contracts/relationships		0.3		6.3		0.7		12.6	Operating expenses
Trademarks and trade names		0.1		1.0		0.2		2.0	Operating expenses
Covenants not to compete		0.2		0.2		0.3		0.4	Operating expenses
	$	14.9	$	21.5	$	29.8	$	42.9

As of October 25, 2013, future amortization expense related to purchased intangible assets is as follows (in millions):

Fiscal Year	Amount
Remainder of 2014	$	29.5
2015		57.8
2016		53.6
2017		6.7
2018		3.3
Total	$	150.9