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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 27, 2016
Schedule of Carrying Value of Goodwill by Reportable Segment

The following table presents the carrying amount of goodwill by reportable segment:

 

     SPS      APSS      SPG      Total  
     (In millions)  

Balance at March 27, 2016

           

Goodwill

   $ 219.6       $ 111.9       $ 77.7       $ 409.2   

Accumulated impairment losses

     (114.5      (12.8      (76.6      (203.9
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 105.1       $ 99.1       $ 1.1       $ 205.3   
  

 

 

    

 

 

    

 

 

    

 

 

 

Foreign exchange impact

   $ —         $ 0.8       $ —         $ 0.8   

Balance at December 27, 2015

           

Goodwill

   $ 219.6       $ 111.1       $ 77.7       $ 408.4   

Accumulated impairment losses

     (114.5      (12.8      (76.6      (203.9
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 105.1       $ 98.3       $ 1.1       $ 204.5   
  

 

 

    

 

 

    

 

 

    

 

 

 
Summary of Acquired Intangible Assets

The following table presents a summary of acquired intangible assets:

 

            As of March 27, 2016     As of December 27, 2015  
     Period of
Amortization
     Gross Carrying
Amount
     Accumulated
Amortization
    Gross Carrying
Amount
     Accumulated
Amortization
 
            (In millions)  

Developed technology

     8-10 years       $ 260.4       $ (248.9   $ 260.1       $ (248.1

Customer base

     6-10 years         85.8         (81.8     85.7         (80.9

Core technology

     10-15 years         15.7         (7.7     15.7         (7.4

In-process R&D

     3-10 years         3.3         (1.3     3.3         (1.2

Trademarks and trade names

     5 years         0.5         (0.2     0.5         (0.2
     

 

 

    

 

 

   

 

 

    

 

 

 

Total identifiable intangible assets

      $ 365.7       $ (339.9   $ 365.3       $ (337.8
     

 

 

    

 

 

   

 

 

    

 

 

 
Schedule of Estimated Amortization Expense for Intangible Assets

The estimated amortization expense for intangible assets for each of the five succeeding fiscal years is as follows:

 

Estimated Amortization Expense:

   (In millions)  

Remaining Fiscal 2016

   $ 6.1   

Fiscal 2017

     5.5   

Fiscal 2018

     4.1   

Fiscal 2019

     3.6   

Fiscal 2020

     3.1