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Intangible Assets, Goodwill and Other
 6 Months Ended
Dec. 26, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets [Text Block] GOODWILL AND INTANGIBLE ASSETS
Goodwill

The Company monitors the recoverability of goodwill recorded in connection with acquisitions, by reporting unit, annually, or more often if events or changes in circumstances indicate that the carrying amount may not be recoverable.

There were no changes to goodwill during the six months ended December 26, 2020.

No indicators or instances of impairment were identified during the six months and fiscal year ended December 26, 2020 and June 27, 2020, respectively.

Intangible Assets

Intangible assets consisted of the following:
December 26, 2020June 27, 2020
Original
Cost 		Accumulated
Amortization 		NetOriginal
Cost 		Accumulated
Amortization 		Net
(in thousands)
Intellectual property$525,816 $467,130 $58,686 $525,196 $458,418 $66,778 
Customer relationships118,335 110,038 8,297 118,335 108,603 9,732 
Trade name11,374 9,521 1,853 11,374 9,265 2,109 
Backlog170 170 — 170 25 145 
Patents2,500 2,500 — 2,500 2,500 — 
Total amortizable purchased intangible assets658,195 589,359 68,836 657,575 578,811 78,764 
In-process research & development (IPR&D)7,330 — 7,330 9,195 — 9,195 
Total purchased intangible assets$665,525 $589,359 $76,166 $666,770 $578,811 $87,959 

During the three months ended December 26, 2020, the Company placed in service and reclassified $0.6 million of IPR&D to intellectual property intangible assets and wrote-off $1.2 million of IPR&D due to impairment.

The following table presents the amortization expense of intangible assets and its presentation in the Condensed Consolidated Statements of Income:
Three Months EndedSix Months Ended
December 26,
2020		December 28,
2019		December 26,
2020		December 28,
2019
(in thousands)
Cost of goods sold$4,349 $3,111 $8,711 $6,221 
Intangible asset amortization943 756 1,862 1,512 
Total intangible asset amortization expenses$5,292 $3,867 $10,573 $7,733 
The following table represents the estimated future amortization expense of intangible assets as of December 26, 2020:
Amount
Fiscal Year(in thousands)
Remainder of 2021$8,790 
202213,543 
202313,059 
202410,083 
20259,805 
Thereafter13,556 
Total intangible assets$68,836