Goodwill and Acquisition-Related Intangibles

6 Months Ended

Oct. 01, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Acquisition-Related Intangibles

As of October 1, 2016 and April 2, 2016, the gross and net amounts of goodwill and of acquisition-related intangibles for all acquisitions were as follows:



							Weighted-Average
(In thousands)	October 1, 2016			April 2, 2016			Amortization Life
Goodwill	$	161,287		$	159,296
Core technology, gross	79,980			77,640			5.6 years
Less accumulated amortization	(74,004		)	(71,472		)
Core technology, net	5,976			6,168
Other intangibles, gross	46,766			46,606			2.7 years
Less accumulated amortization	(46,619		)	(46,572		)
Other intangibles, net	147			34
Total acquisition-related intangibles, gross	126,746			124,246
Less accumulated amortization	(120,623		)	(118,044		)
Total acquisition-related intangibles, net	$	6,123		$	6,202

Amortization expense for acquisition-related intangibles for the three and six months ended October 1, 2016 was $1.2 million and $2.5 million, respectively. Based on the carrying value of acquisition-related intangibles recorded as of October 1, 2016, and assuming no subsequent impairment of the underlying assets, the annual amortization expense for acquisition-related intangibles is expected to be as follows:



Fiscal	(In thousands)
2017 (remaining six months)	$	2,548
2018	1,922
2019	561
2020	468
2021	468
Thereafter	156
Total	$	6,123

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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