Goodwill and Acquisition-Related Intangibles

6 Months Ended

Oct. 01, 2011

Goodwill and Acquisition-Related Intangibles [Abstract]

Goodwill and Acquisition-Related Intangibles

Note 20. Goodwill and Acquisition-Related Intangibles

As of October 1, 2011 and April 2, 2011, the gross and net amounts of goodwill and of acquisition-related intangibles for all acquisitions were as follows:


	October 1,			April 2,			Weighted Average
(In thousands)	2011			2011			Amortization Life
Goodwill	$	149,693		$	133,580


In-process research and development	$	4,000		$	6,000


Core technology, gross		76,440			58,439		5.7 years
Less accumulated amortization		(42,751	)		(39,789	)

Core technology, net		33,689			18,650


Other intangibles, gross		46,206			45,201		2.7 years
Less accumulated amortization		(43,599	)		(42,955	)

Other intangibles, net		2,607			2,246


Total acquisition-related intangibles, gross		126,646			109,640
Less accumulated amortization		(86,350	)		(82,744	)

Total acquisition-related intangibles, net	$	40,296		$	26,896

Amortization expense for acquisition-related intangible assets for the three and six months ended October 1, 2011 was $2.0 million and $3.6 million, respectively. There was no amortization expense for acquisition-related intangible assets for the three and six months ended October 2, 2010. Based on the carrying value of acquisition-related intangibles recorded as of October 1, 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 (remaining six months)	$	3,964
2013		8,536
2014		7,918
2015		7,289
2016		6,742
Thereafter		5,847

Total	$	40,296

- 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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