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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Mar. 29, 2015
Schedule of Intangible Assets

The following table provides the Company’s intangible assets as of March 29, 2015:

 

     Gross      Accumulated
Amortization
     Net  
     (in thousands)  

Customer relationships

   $ 615,377       $ (218,505    $ 396,872   

Existing technology

     654,385         (291,705      362,680   

Patents

     33,553         (25,899      7,654   

Other intangible assets

     35,691         (35,339      352   
  

 

 

    

 

 

    

 

 

 

Intangible assets subject to amortization

  1,339,006      (571,448   767,558   

Development rights

  9,100      9,100   
  

 

 

       

 

 

 

Intangible assets not subject to amortization

  9,100      9,100   
  

 

 

    

 

 

    

 

 

 

Total intangible assets

$ 1,348,106    $ (571,448 $ 776,658   
  

 

 

    

 

 

    

 

 

 

The following table provides the Company’s intangible assets as of June 29, 2014:

 

     Gross      Accumulated
Amortization
     Net  
     (in thousands)  

Customer relationships

   $ 615,618       $ (169,162    $ 446,456   

Existing technology

     643,922         (224,246      419,676   

Patents

     32,253         (24,407      7,846   

Other intangible assets

     35,270         (35,270      —     
  

 

 

    

 

 

    

 

 

 

Intangible assets subject to amortization

  1,327,063      (453,085   873,978   

In process research and development

  11,000      11,000   

Development rights

  9,100      9,100   
  

 

 

       

 

 

 

Intangible assets not subject to amortization

  20,100      20,100   
  

 

 

    

 

 

    

 

 

 

Total intangible assets

$ 1,347,163    $ (453,085 $ 894,078   
  

 

 

    

 

 

    

 

 

 
Estimated Future Amortization Expense of Intangible Assets

The estimated future amortization expense of intangible assets, excluding those with indefinite lives, as of March 29, 2015 was as follows:

 

Fiscal Year

   Amount  

2015 (3 Months)

   $ 39,235   

2016

     156,033   

2017

     154,130   

2018

     152,918   

2019

     121,988   

Thereafter

     143,254   
  

 

 

 
$ 767,558