XML 34 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Strategic Technology Transactions, Goodwill and Other Purchased Intangible Assets (Tables)
3 Months Ended
Mar. 30, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Preliminary Allocation of Purchase Price

The table below represents a preliminary allocation of purchase price based on management’s internal evaluation to estimate their respective fair values (in thousands):

 

Current assets

   $ 36,510  

Fixed assets

     1,314  

Other assets

     2,566  

Intangible assets

     25,365  

Goodwill

     19,134  
  

 

 

 

Total assets acquired

     84,889  

Liabilities assumed

     (27,746
  

 

 

 

Net assets acquired

   $ 57,143  
  

 

 

 
Preliminary Allocation of Other Intangible Assets

The preliminary allocation of the other intangible assets is as follows (in thousands):

 

Description    Estimated
Fair Value
     Estimated Average
Remaining Useful Life

 

Unpatented complete technology

   $ 16,827      8 years

Customer relationships

     3,631      8 years

Trade name

     4,907      Indefinite
  

 

 

    
   $ 25,365     
  

 

 

    
Changes in Carrying Value of Goodwill by Reportable Segment

Changes in the carrying value of goodwill by reportable segment during the year ended December 29, 2012 and the three-month period ended March 30, 2013 were as follows (in thousands):

 

     Semiconductor
Equipment
    Microwave
Communications
    Total Goodwill  
  

 

 

 

Balance, December 31, 2011

   $ 54,872     $ 3,188     $ 58,060  

Impact of currency exchange

     648       48       696  
  

 

 

   

 

 

   

 

 

 

Balance, December 29, 2012

     55,520       3,236       58,756  

Additions

     19,134             19,134  

Impact of currency exchange

     (1,554     (71     (1,625
  

 

 

   

 

 

   

 

 

 

Balance, March 30, 2013

   $ 73,100     $ 3,165     $ 76,265  
  

 

 

   

 

 

   

 

 

 
Purchased Intangible Assets, Subject to Amortization

Purchased intangible assets, subject to amortization are as follows (in thousands):

 

     March 30, 2013     

December 29, 2012

 
  

 

 

    

 

 

 
     Gross Carrying
Amount
     Accumulated
Amortization
     Gross Carrying
Amount
     Accumulated
Amortization
 
  

 

 

    

 

 

    

 

 

    

 

 

 

Rasco technology

   $ 31,418      $ 16,936      $ 32,399      $ 16,452  

Ismeca technology

     19,681        615                

Duma technology

     864        192        864        120  
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 51,963      $ 17,743      $ 33,263      $  16,572