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Purchased Intangible Assets
3 Months Ended
Mar. 28, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Purchased Intangible Assets

NOTE 6. Purchased Intangible Assets

 

Goodwill

The changes in the carrying amount of goodwill are as follows:

 

Balance at December 31, 2019

 

 

$

307,148

 

Goodwill adjustments (Note 2)

 

 

 

478

 

Balance at March 28, 2020

 

 

$

307,626

 

Purchased intangible assets as of March 28, 2020 and December 31, 2019 are as follows:

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

March 28, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Finite-lived intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

326,726

 

 

$

78,636

 

 

$

248,090

 

Customer and distributor relationships

 

 

69,261

 

 

 

13,739

 

 

 

55,522

 

Trademarks and trade names

 

 

12,461

 

 

 

4,451

 

 

 

8,010

 

Total finite-lived intangible assets

 

 

408,448

 

 

 

96,826

 

 

 

311,622

 

In-process research and development

 

 

46,600

 

 

 

 

 

 

46,600

 

Total identifiable intangible assets

 

$

455,048

 

 

$

96,826

 

 

$

358,222

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Finite-lived intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

326,726

 

 

$

67,861

 

 

$

258,865

 

Customer and distributor relationships

 

 

69,261

 

 

 

11,078

 

 

 

58,183

 

Trademarks and trade names

 

 

12,461

 

 

 

4,156

 

 

 

8,305

 

Total finite-lived intangible assets

 

 

408,448

 

 

 

83,095

 

 

 

325,353

 

In-process research and development

 

 

46,600

 

 

 

 

 

 

46,600

 

Total identifiable intangible assets

 

$

455,048

 

 

$

83,095

 

 

$

371,953

 

 

Intangible assets amortization expenses for the three months ended March 28, 2020 and March 31, 2019 were $13,732 and $387, respectively.  Assuming no change in the gross carrying value of identifiable intangible assets and estimated lives, estimated amortization expenses for the remainder of fiscal 2020 are $40,009, and for each of the next five fiscal years estimated amortization expenses are $48,009 for 2021, $47,610 for 2022, $47,135 for 2023, $41,450 for 2024, and $24,900 for 2025.