XML 50 R35.htm IDEA: XBRL DOCUMENT v3.6.0.2
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-lived Intangible Assets
The changes in intangible assets for fiscal 2016 and the net book value of intangible assets at December 31, 2016 and December 26, 2015 were as follows (in thousands):
 
 
Intangible Assets, Gross Amount
 
Accumulated Amortization
 
Intangible Assets, Net
 
Weight Average Useful Life
Other Intangible Assets (1)
 
December 26, 2015
 
Additions/Disposals
 
December 31, 2016
 
December 26, 2015
 
Expense, net
 
December 31, 2016
 
December 26, 2015
December 31, 2016
 
December 31, 2016
Existing developed technologies
 
$
52,200

 
$
90,501

 
$
142,701

 
$
39,581

 
$
16,550

 
$
56,131

 
$
12,619

$
86,569

 
4.4
Trade name
 
4,388

 
7,533

 
11,921

 
1,409

 
1,580

 
2,989

 
2,979

8,932

 
4.0
Customer relationships
 
17,000

 
22,869

 
39,869

 
7,046

 
3,808

 
10,854

 
9,954

29,015

 
5.8
Backlog
 

 
15,581

 
15,581

 

 
13,489

 
13,489

 

2,092

 
0.2
Total finite-lived intangible assets
 
73,588

 
136,484

 
210,072

 
48,036

 
35,427

 
83,463

 
25,552

126,608

 
 
IPR&D-addition (2)
 

 
12,400

 
12,400

 

 

 

 

12,400

 
 
Total intangible assets
 
73,588

 
148,884

 
222,472

 
48,036

 
35,427

 
83,463

 
25,552

139,008

 
 
IPR&D-disposal (2)
 
 
(12,400
)
 
(12,400
)
 
 
 
 
(12,400
)
 
 
Total intangible assets
 
$
73,588

 
$
136,484

 
$
210,072

 
$
48,036

 
$
35,427

 
$
83,463

 
$
25,552

$
126,608

 
 

(1)
Excludes fully amortized intangible assets.
(2)
 In the fourth quarter of fiscal 2016, we recorded an impairment charge of $12.4 million relating to an in-process research and development intangible asset acquired as part of our acquisition of Cascade Microtech. See Note 7, Impairment of Long-lived Assets, to the Notes to Consolidated Financial Statements for further details.


Schedule of Indefinite-lived Intangible Assets
The changes in intangible assets for fiscal 2016 and the net book value of intangible assets at December 31, 2016 and December 26, 2015 were as follows (in thousands):
 
 
Intangible Assets, Gross Amount
 
Accumulated Amortization
 
Intangible Assets, Net
 
Weight Average Useful Life
Other Intangible Assets (1)
 
December 26, 2015
 
Additions/Disposals
 
December 31, 2016
 
December 26, 2015
 
Expense, net
 
December 31, 2016
 
December 26, 2015
December 31, 2016
 
December 31, 2016
Existing developed technologies
 
$
52,200

 
$
90,501

 
$
142,701

 
$
39,581

 
$
16,550

 
$
56,131

 
$
12,619

$
86,569

 
4.4
Trade name
 
4,388

 
7,533

 
11,921

 
1,409

 
1,580

 
2,989

 
2,979

8,932

 
4.0
Customer relationships
 
17,000

 
22,869

 
39,869

 
7,046

 
3,808

 
10,854

 
9,954

29,015

 
5.8
Backlog
 

 
15,581

 
15,581

 

 
13,489

 
13,489

 

2,092

 
0.2
Total finite-lived intangible assets
 
73,588

 
136,484

 
210,072

 
48,036

 
35,427

 
83,463

 
25,552

126,608

 
 
IPR&D-addition (2)
 

 
12,400

 
12,400

 

 

 

 

12,400

 
 
Total intangible assets
 
73,588

 
148,884

 
222,472

 
48,036

 
35,427

 
83,463

 
25,552

139,008

 
 
IPR&D-disposal (2)
 
 
(12,400
)
 
(12,400
)
 
 
 
 
(12,400
)
 
 
Total intangible assets
 
$
73,588

 
$
136,484

 
$
210,072

 
$
48,036

 
$
35,427

 
$
83,463

 
$
25,552

$
126,608

 
 

(1)
Excludes fully amortized intangible assets.
(2)
 In the fourth quarter of fiscal 2016, we recorded an impairment charge of $12.4 million relating to an in-process research and development intangible asset acquired as part of our acquisition of Cascade Microtech. See Note 7, Impairment of Long-lived Assets, to the Notes to Consolidated Financial Statements for further details.
Schedule of Remaining Estimated Amortization Expense
Based on the carrying value of the finite-lived intangible assets recorded as of December 31, 2016, and assuming no subsequent additions to or impairment of the underlying assets, the remaining estimated annual amortization expense is expected to be as follows (in thousands):

Fiscal Year
 
Amount
2017
 
$
30,672

2018
 
28,303

2019
 
25,639

2020
 
23,570

2021
 
12,915

and thereafter
 
5,509

Total
 
$
126,608

Schedule of Goodwill [Table Text Block]
The following table summarizes the changes in the carrying amount of goodwill, by reportable segments, for fiscal 2016, applying the segment changes as of June 24, 2016, which was the date when we acquired Cascade Microtech.
 
 
Probe Cards
 
Systems
 
Total
 
 
(in thousands)
Goodwill, gross, as of December 27, 2014 and December 26, 2015
 
$
30,731

 
$

 
$
30,731

Additions-Cascade Microtech
 
141,751

 
16,390

 
158,141

Foreign currency translation
 

 
(862
)
 
(862
)
Balance as of December 31, 2016
 
$
172,482

 
$
15,528

 
$
188,010