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Goodwill and Acquisition-Related Intangibles
12 Months Ended
Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Acquisition-Related Intangibles
Goodwill and Acquisition-Related Intangibles

The gross and net amounts of goodwill and of acquisition-related intangibles for all acquisitions were as follows:
 



 


 
Weighted-Average
(In thousands)
March 30, 2019

 
March 31, 2018

 
Amortization Life
Goodwill
$
340,718

 
$
162,421

 

Core technology, gross
107,250

 
82,480

 

Less accumulated amortization
(82,611
)
 
(78,562
)
 

Core technology, net
24,639

 
3,918

 
4.3 years
Other intangibles, gross
51,016

 
46,966

 

Less accumulated amortization
(47,642
)
 
(46,761
)
 

Other intangibles, net
3,374

 
205

 
2.5 years
In-process research and development (not subject to amortization)
52,710

 

 
 
Total acquisition-related intangibles, gross
210,976

 
129,446

 

Less accumulated amortization
(130,253
)
 
(125,323
)
 

Total acquisition-related intangibles, net
$
80,723

 
$
4,123

 



Amortization expense for acquisition-related intangibles for fiscal 2019, 2018 and 2017 were $4.9 million, $2.2 million and $5.1 million, respectively.

During the second quarter of fiscal 2019, the Company recorded $178.3 million of goodwill and $81.5 million of intangibles attributable to the acquisition of Deephi Technology. Ltd (Deephi Tech). See "Note 20. Business Combination" to the Company's consolidated financial statements.

Based on the carrying value of acquisition-related intangibles recorded as of March 30, 2019, 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)
2020
$
7,464

2021
7,442

2022
6,089

2023
4,954

Thereafter
2,064

Total
$
28,013

In-process research and development is not subject to amortization prior to the completion of the projects and therefore the balance is excluded from the above annual amortization expense schedule.