Schedule of Goodwill |
The following table presents details of the Company’s goodwill for the year ended December 28, 2019 (in thousands): | | | | | Balance as of December 29, 2018 | $ | 227,231 |
| Foreign currency translation adjustments | (8,299 | ) | Measurement period adjustments | 30,916 |
| Balance as of December 28, 2019 | $ | 249,848 |
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Schedule of Finite-Lived Intangible Assets |
The following table presents details of the Company’s intangible assets as of December 28, 2019 and December 29, 2018 (in thousands): | | | | | | | | | | | | | | | | December 28, 2019 | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Weighted Average Remaining Useful Life (In Years) | Intangible assets with finite lives: | | | | | | | | Trade names | $ | 1,000 |
| | $ | (1,000 | ) | | $ | — |
| | NMF* | Customer relationships and backlog | 155,942 |
| | (68,119 | ) | | 87,823 |
| | 5.8 | Developed technology | 179,593 |
| | (97,070 | ) | | 82,523 |
| | 3.5 | Total intangible assets | $ | 336,535 |
| | $ | (166,189 | ) | | $ | 170,346 |
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*NMF = Not meaningful | | | | | | | | | | | | | | | | December 29, 2018 | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Weighted Average Remaining Useful Life (In Years) | Intangible assets with finite lives: | | | | | | | | Trade names | $ | 1,000 |
| | $ | (250 | ) | | $ | 750 |
| | NMF* | Customer relationships and backlog | 158,110 |
| | (42,478 | ) | | 115,632 |
| | 6.5 | Developed technology | 166,355 |
| | (67,368 | ) | | 98,987 |
| | 3.8 | Total intangible assets with finite lives | $ | 325,465 |
| | $ | (110,096 | ) | | $ | 215,369 |
| | | Acquired in-process technology | 17,750 |
| | — |
| | 17,750 |
| | | Total intangible assets | $ | 343,215 |
| | $ | (110,096 | ) | | $ | 233,119 |
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*NMF = Not meaningful
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Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
The following table summarizes the Company’s estimated future amortization expense of intangible assets with finite lives as of December 28, 2019 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Years | | Total | | 2020 | | 2021 | | 2022 | | 2023 | | 2024 and Thereafter | Total future amortization expense | $ | 170,346 |
| | $ | 47,681 |
| | $ | 35,275 |
| | $ | 32,755 |
| | $ | 26,876 |
| | $ | 27,759 |
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