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Note 6 - Intangible Assets
3 Months Ended
May 02, 2015
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
6.             Intangible assets
 
The tables below present the balances of our intangible assets (in thousands, except for years):
 
 
 
May 2, 2015
 
 
 
Gross Value
 
 
Impairment
 
 
Accumulated
Amortization
and Effect of
Currency
Translation
 
 
Net Value
 
 
Weighted
Average
Remaining
Amortization
Period
(Years)
 
Acquired intangible assets:
                                       
Developed technology
  $ 76,628     $ (24,614
)
  $ (45,666
)
  $ 6,348       1.8  
Customer relationships
    50,704       (30,486
)
    (18,593
)
    1,625       1.5  
Trademarks and other
    5,478       -       (5,051
)
    427       3.7  
Purchased IP - amortizing
    23,442       (5,516
)
    (16,125
)
    1,801       1.0  
Total amortizing
    156,252       (60,616
)
    (85,435
)
    10,201       1.7  
Purchased IP - not yet deployed
    16,716       (3,727
)
    -       12,989          
Total intangibles
  $ 172,968     $ (64,343
)
  $ (85,435
)
  $ 23,190          
   
 
 
January 31, 2015
 
 
 
Gross Value
 
 
Impairment
 
 
Accumulated
Amortization
and Effect of
Currency
Translation
 
 
Net Value
 
 
Weighted
Average
Remaining
Amortization
Period
(Years)
 
Acquired intangible assets:
                                       
Developed technology
  $ 76,628     $ (24,614
)
  $ (44,604
)
  $ 7,410       2.0  
Customer relationships
    50,704       (30,486
)
    (18,313
)
    1,905       1.7  
Trademarks and other
    4,078       -       (3,621
)
    457       3.9  
Purchased IP - amortizing
    23,398       (5,516
)
    (15,162
)
    2,720       1.0  
Total amortizing
    154,808       (60,616
)
    (81,700
)
    12,492       1.8  
Purchased IP - not yet deployed
    15,877       (3,727
)
    -       12,150          
Total intangibles
  $ 170,685     $ (64,343
)
  $ (81,700
)
  $ 24,642          
  
Acquired intangible assets represent intangible assets acquired through business combinations. Purchased intellectual property (“Purchased IP”) represents intangible assets acquired through direct purchases of licensed technology from vendors which is incorporated into our products.
 
Purchased IP – not yet deployed relates to Purchased IP from third parties for our products that are currently in development. We begin amortizing such intellectual property upon the earlier of the beginning of the term of the license agreement, as appropriate, or at the time we begin shipment of the associated products into which such intellectual property is incorporated.
 
The following table presents the amortization of intangible assets in the accompanying condensed consolidated statements of operations (in thousands):
 
 
 
Three Months Ended
 
 
 
May
2
, 201
5
 
 
May
3
, 201
4
 
Cost of revenue
  $ 2,006     $ 1,946  
Operating expenses
    353       354  
Total intangibles amortization expense
  $ 2,359     $ 2,300  
  
As of May 2, 2015, we expect amortization expense in future periods to be as follows (in thousands):
 
Fiscal year
 
Total
 
2016 (remaining nine months)
  $ 5,135  
2017
    4,253  
2018
    710  
2019
    103  
Total
  $ 10,201