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Goodwill and Intangible Assets, Net
6 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net
Goodwill and Intangible Assets, Net
During the first quarter of fiscal 2019, the Company revised the composition of its reportable segments as a result of certain organizational changes (Refer to Note 18 for details). Goodwill was reallocated between the two reportable segments using a relative fair value approach. As a result, the Company completed assessments of any potential goodwill impairment for all reportable segments immediately prior to and after the reallocation and determined that no impairment existed.
Goodwill balances by reportable segment as of September 30, 2018 and April 1, 2018 are as follows:
 
Reportable Segments
(in thousands)
Communications
 
Computing, Consumer and Industrial
 
Total
Balance as of April 1, 2018
$
141,300

 
$
278,817

 
$
420,117

Reallocation of goodwill
(21,206
)
 
21,206

 

Balance as of September 30, 2018
$
120,094

 
$
300,023

 
$
420,117


Goodwill balances as of September 30, 2018 and April 1, 2018 were net of $920.3 million in accumulated impairment losses. Intangible asset balances as of September 30, 2018 and April 1, 2018 are summarized as follows:
 
September 30, 2018
(in thousands)
Gross Assets
 
Accumulated
Amortization
 
Net Assets
Purchased intangible assets:
 
 
 
 
 
Developed technology
$
339,521

 
$
(236,496
)
 
$
103,025

Trademarks
5,391

 
(5,391
)
 

Customer relationships
201,997

 
(155,501
)
 
46,496

Intellectual property licenses
7,500

 
(4,500
)
 
3,000

Software licenses
20,894

 
(2,411
)
 
18,483

Total amortizable purchased intangible assets
575,303

 
(404,299
)
 
171,004

In-process research and development (IPR&D)
3,882

 

 
3,882

Total purchased intangible assets
$
579,185

 
$
(404,299
)
 
$
174,886

 
April 1, 2018
(in thousands)
Gross Assets
 
Impairment
 
Accumulated
Amortization
 
Net Assets
Purchased intangible assets:
 
 
 
 
 
 
 
Developed technology
$
336,402

 
$

 
$
(223,882
)
 
$
112,520

Trademarks
5,391

 

 
(5,391
)
 

Customer relationships
201,997

 

 
(149,416
)
 
52,581

Intellectual property licenses
7,500

 

 
(3,901
)
 
3,599

Software licenses
6,023

 

 
(943
)
 
5,080

Total amortizable purchased intangible assets
557,313

 

 
(383,533
)
 
173,780

In-process research and development (IPR&D)
9,017

 
(2,016
)
 

 
7,001

Total purchased intangible assets
$
566,330

 
$
(2,016
)
 
$
(383,533
)
 
$
180,781


During the three months ended September 30, 2018, the Company purchased $14.7 million of software licenses.
Amortization expense for the three months ended September 30, 2018 and October 1, 2017 was $10.7 million and $9.9 million, respectively. Amortization expense for the six months ended September 30, 2018 and October 1, 2017 was $20.8 million and $21.6 million, respectively. In the six months ended October 1, 2017, the Company recorded an accelerated amortization charge of $2.0 million related to certain software licenses as the estimated future cash flows expected resulting from the use of the assets were less than the carrying amount.
The intangible assets are being amortized over estimated useful lives of 1 to 7 years.
Based on the intangible assets recorded as of September 30, 2018, the expected future amortization expense for intangible assets is as follows (in thousands):
Fiscal Year
Amount
2019 (Remaining 6 months)
$
22,585

2020
45,812

2021
44,856

2022
39,595

2023 and thereafter
18,156

Total amortizable purchased intangible assets
171,004

IPR&D
3,882

Total intangible assets
$
174,886