XML 25 R13.htm IDEA: XBRL DOCUMENT v3.20.2
Purchased Intangible Assets
6 Months Ended
Jun. 27, 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 June 27, 2020

 

 

$

307,626

 

Purchased intangible assets as of June 27, 2020 and December 31, 2019 are as follows:

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

June 27, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Finite-lived intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

326,777

 

 

$

89,396

 

 

$

237,381

 

Customer and distributor relationships

 

 

69,261

 

 

 

16,388

 

 

 

52,873

 

Trademarks and trade names

 

 

12,461

 

 

 

4,746

 

 

 

7,715

 

Total finite-lived intangible assets

 

 

408,499

 

 

 

110,530

 

 

 

297,969

 

In-process research and development

 

 

46,600

 

 

 

 

 

 

46,600

 

Total identifiable intangible assets

 

$

455,099

 

 

$

110,530

 

 

$

344,569

 

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 and six months ended June 27, 2020 were $13,703 and $27,435, respectively.  For the three and six month periods ended June 30, 2019, intangible assets amortization expenses were $387 and $774, 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 $26,309, and for each of the next five fiscal years estimated amortization expenses are $48,014 for 2021, $47,615 for 2022, $47,140 for 2023, $41,455 for 2024, and $24,905 for 2025.