Goodwill and Acquisition-Related Intangibles

12 Months Ended

Apr. 02, 2011

Goodwill and Acquisition-Related Intangibles [Abstract]

Goodwill and Acquisition-Related Intangibles

Note 20. Goodwill and Acquisition-Related Intangibles

As of April 2, 2011 and April 3, 2010, the gross and net amounts of goodwill and of acquisition-related intangibles for all acquisitions were as follows:


					Weighted Average
(In thousands)	2011		2010		Amortization Life
Goodwill	$	133,580	$	117,955


In-process research and development	$	6,000	$	—


Core technology — gross	$	58,439	$	38,939	5.6 years
Less accumulated amortization		39,789		38,939

Core technology — net		18,650		—


Other intangibles — gross		45,201		42,771	2.6 years
Less accumulated amortization		42,955		42,771

Other intangibles — net		2,246		—


Total acquisition-related intangibles-gross		109,640		81,710
Less accumulated amortization		82,744		81,710

Total acquisition-related intangibles-net	$	26,896	$	—

Amortization expense for all intangible assets for fiscal 2011, 2010 and 2009 was $1.0 million, $2.5 million and $5.3 million, respectively. Acquisition-related intangible assets are amortized on a straight-line basis. Based on the carrying value of acquisition-related intangibles recorded as of April 2, 2011, and assuming no subsequent impairment of the underlying assets, the annual amortization expense for acquisition-related intangibles is expected to be as follows:


Fiscal Year	(In thousands)
2012	$	4,502
2013		5,484
2014		4,985
2015		4,600
2016		4,075
Thereafter		3,250

Total	$	26,896

- Definition

Discloses 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 or 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. This element may be used as a single block of text to include the entire intangible asset disclosure including data and tables.

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