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Acquisition, Goodwill Impairment and Long-lived Asset Impairment Acquisition, Goodwill Impairment and Long-lived Asset Impairment (Tables)
12 Months Ended
Dec. 29, 2012
Acquisitions and Goodwill and Long Lived Asset Impairment [Abstract]  
Purchase price allocation
Recognized amounts of identifiable assets acquired and liabilities assumed:
 
 
Amount
 
Cash and equivalents
 
$
1,239

 
Account receivables
 
724

 
Inventories
 
1,440

 
Property, plant and equipment – machinery and equipment
 
616

 
Other assets
 
227

 
Developed technology (included in intangibles)
 
9,042

 
Customer relationships (included in intangibles)
 
1,040

 
In-process research and development (included in intangibles)
 
308

 
Liabilities
 
(1,603
)
 
Total identifiable net assets
 
13,033

 
Goodwill
 
11,610

 
Total Purchase Consideration
 
$
24,643

Identifiable intangible assets acquired
The following table summarizes the identifiable intangible assets acquired as part of the acquisition, and adjustments to carrying value include foreign currency translation adjustments and adjustments to preliminary purchase price allocation during the year:
 
Net carrying value as of December 31, 2011
 
Adjustments to carrying value during 2012
 
Amortization expense during 2012
 
Net carrying amount as of December 29, 2012
Developed technology
$
8,603

 
$
279

 
$
(1,752
)
 
$
7,130

Customer relationships
957

 
12

 
(330
)
 
639

In-process research and development
316

 
(316
)
 

 

Total identifiable intangible assets acquired
$
9,876

 
$
(25
)
 
$
(2,082
)
 
$
7,769


 
Fair Value as of acquisition date, November 21, 2011
 
Adjustments to carrying value during 2011
 
Amortization expense during 2011
 
Net carrying amount as of December 31, 2011
Developed technology
$
9,200

 
$
(393
)
 
$
(204
)
 
$
8,603

Customer relationships
1,040

 
(45
)
 
(38
)
 
957

In-process research and development
330

 
(14
)
 

 
316

Total identifiable intangible assets acquired
$
10,570

 
$
(452
)
 
$
(242
)
 
$
9,876

Pro forma financial information
The unaudited pro forma financial information combines the historical results of Nanometrics for fiscal year 2011 and 2010, the historical results of Nanda for the twelve months ended December 31, 2011 and December 31, 2010, respectively, and the effects of the pro forma adjustments described above.
 
 
Fiscal Years Ended
(In thousands, except per share amounts)
 
December 31,
2011
 
January 1,
2011
Total revenues
 
$
232,418

 
$
188,685

Net income
 
24,939

 
45,544

Net income per share:
 
 
 
 
Basic
 
1.10

 
2.08

Diluted
 
1.06

 
1.98