Goodwill and Intangible Assets (Tables)

12 Months Ended

Jun. 27, 2015

Activity and goodwill balances for the fiscal years ended June 27, 2015 and June 28, 2014 were as follows:

The useful lives of amortizing intangible assets are as follows:

Intangible assets consisted of the following:



	June 27, 2015						June 28, 2014
	Original Cost		Accumulated Amortization		Net		Original Cost		Accumulated Amortization		Net
	(in thousands)
Intellectual property	$	435,962	$	276,175	$	159,787	$	435,962	$	201,581	$	234,381
Customer relationships	120,230		82,774		37,456		120,230		69,064		51,166
Trade name	8,500		4,886		3,614		8,500		3,269		5,231
Patent	2,500		907		1,593		2,500		386		2,114
Total amortizable purchased intangible assets	567,192		364,742		202,450		567,192		274,300		292,892
IPR&D	59,202		—		59,202		68,102		—		68,102
Total purchased intangible assets	$	626,394	$	364,742	$	261,652	$	635,294	$	274,300	$	360,994

The following table presents the amortization expense of intangible assets and its presentation in the Consolidated Statements of Income:



	For the Year Ended
	June 27, 2015		June 28, 2014		June 29, 2013
	(in thousands)
Cost of goods sold	$	74,366	$	64,483	$	33,994
Intangible asset amortization	16,077		17,690		15,525
Total intangible asset amortization expenses	$	90,443	$	82,173	$	49,519

The following table represents the estimated future amortization expense of intangible assets as of June 27, 2015: