INTANGIBLE ASSETS

12 Months Ended

Nov. 02, 2014

NOTE 4 - INTANGIBLE ASSETS

Intangible assets include assets related to the investment to form the MP Mask joint venture and other finite lived intangible assets. Amortization expense of intangible assets was $5.8 million, $5.5 million and $5.0 million in fiscal years 2014, 2013 and 2012, respectively.

Intangible assets consist of:

As of November 2, 2014	Gross Amount		Accumulated Amortization		Net Amount

Technology license agreement	$	59,616	$	33,451	$	26,165
Customer relationships		8,716		6,394		2,322
Supply agreements		6,959		6,605		354
Software and other		6,223		4,770		1,453
	$	81,514	$	51,220	$	30,294

As of November 3, 2013

Technology license agreement	$	59,616	$	29,477	$	30,139
Customer relationships		7,210		5,599		1,611
Supply agreements		6,959		6,381		578
Software and other		5,728		3,976		1,752
	$	79,513	$	45,433	$	34,080

The weighted-average amortization period for intangible assets acquired in fiscal year 2014 is nine years, which is comprised of customer relationships and software and other that have weighted-average amortization periods of twelve years and three years, respectively. The weighted-average amortization period for intangible assets acquired in fiscal year 2013 is three years, which is comprised of software and other.

Intangible asset amortization over the next five years is estimated to be as follows:

Fiscal Years:

2015	$	6,120
2016		5,668
2017		5,340
2018		5,064
2019		4,972