Goodwill and Intangible Assets

9 Months Ended

Sep. 24, 2016

Goodwill And Intangible Assets Disclosure [Abstract]

Note 7. Goodwill and Intangible Assets

The following table summarizes the activity in the Company’s goodwill during the nine months ended September 24, 2016:

	(in thousands)
Balance as of December 26, 2015	$	9,415
Foreign currency movements		250
Balance as of September 24, 2016	$	9,665

Finite-lived intangible assets are recorded at cost, less accumulated amortization. Finite-lived intangible assets as of September 24, 2016 and December 26, 2015 consisted of the following (in thousands):

	September 24, 2016
	Adjusted cost		Accumulated amortization			Net carrying amount
Developed technology	$	16,336	$	(15,867	)	$	469
Customer relationships		9,387		(9,387	)		—
Brand names		1,927		(1,927	)		—
Patented technology		2,252		(2,169	)		83
Trademark		80		(80	)		—
Total	$	29,982	$	(29,430	)	$	552

	December 26, 2015
	Adjusted cost		Accumulated amortization			Net carrying amount
Developed technology	$	16,098	$	(14,387	)	$	1,711
Customer relationships		9,364		(9,364	)		—
Brand names		1,927		(1,903	)		24
Patented technology		2,252		(2,120	)		132
Trademark		80		(80	)		—
Total	$	29,721	$	(27,854	)	$	1,867

The amortization of finite-lived intangibles is computed using the straight-line method. Estimated lives of finite-lived intangibles range from two to ten years. The total amortization expense for the three months ended September 24, 2016 and September 26, 2015 was $0.4 million and $0.5 million, respectively. Total amortization expense for the nine months ended September 24, 2016 and September 26, 2015 was $1.3 million and $1.6 million, respectively.

There were no impairment charges related to intangible assets recorded during the three and nine months ended September 24, 2016 and September 26, 2015.

The estimated future amortization expense of finite intangible assets as of September 24, 2016 is as follows (in thousands):

Fiscal Years	Amounts
2016 (remaining three months)	$	140
2017		206
2018		140
2019		66
Thereafter		—
Total future amortization expense	$	552

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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