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Goodwill and Acquisition-Related Intangibles
6 Months Ended
Oct. 02, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Acquisition-Related Intangibles Goodwill and Acquisition-Related Intangibles
A summary of the goodwill and acquisitions-related intangibles balances as of October 2, 2021 and April 3, 2021 was as follows:
 
Weighted-Average
(In thousands)October 2, 2021April 3, 2021Amortization Life
Goodwill$633,200 $620,697 
Core technology, gross$279,763 $249,847 
Less accumulated amortization(152,223)(133,007)
Core technology, net127,540 116,840 3.6 years
Other intangibles, gross95,759 95,759 
Less accumulated amortization(73,092)(67,999)
Other intangibles, net22,667 27,760 3.0 years
In-process research and development17,088 26,992 
Total acquisition-related intangibles, gross392,610 372,598 
Less accumulated amortization(225,315)(201,006)
Total acquisition-related intangibles, net$167,295 $171,592 

During the first quarter of fiscal 2022, the Company completed an immaterial business combination, which resulted in increases to goodwill and core technology intangibles.

Based on the carrying value of acquisition-related intangibles recorded as of October 2, 2021, and assuming no subsequent acquisition or impairment of the underlying assets, the annual amortization expense for acquisition-related intangibles is expected to be as follows:
 
Fiscal(In thousands)
2022 (remaining six months)$24,014 
202347,819 
202443,569 
202520,729 
202612,912 
Thereafter1,164 
Total$150,207 
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.