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INTANGIBLE ASSETS
12 Months Ended
Oct. 30, 2016
INTANGIBLE ASSETS [Abstract]  
INTANGIBLE ASSETS
NOTE 4 - INTANGIBLE ASSETS

Amortization expense of the Company’s finite lived intangible assets was $4.8 million, $6.0 million and $5.8 million in fiscal years 2016, 2015 and 2014, respectively.

Intangible assets consist of:

 
As of October 30, 2016
 
Gross
Amount
  
Accumulated
Amortization
  
Net
Amount
 
Technology license agreement
 
$
59,616
  
(41,400
)
 
$
18,216
 
Customer relationships
  
8,657
   
(7,522
)
  
1,135
 
Software and other
  
6,444
   
(5,941
)
  
503
 
  
$
74,717
  
(54,863
)
 
$
19,854
 
As of November 1, 2015
            
             
Technology license agreement
 
$
59,616
  
(37,426
)
 
$
22,190
 
Customer relationships
  
8,616
   
(7,229
)
  
1,387
 
Supply agreements
  
6,959
   
(6,828
)
  
131
 
Software and other
  
6,577
   
(5,669
)
  
908
 
  
$
81,768
  
(57,152
)
 
$
24,616
 

The weighted-average amortization period for intangible assets acquired in fiscal years 2016 and 2015 is three years, which is comprised of software and other intangible assets that have weighted-average amortization periods of three years.

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

Fiscal Years:
   
    
2017
 
$
4,557
 
2018
  
4,130
 
2019
  
4,092
 
2020
  
4,092
 
2021
  
2,436