Intangible Assets and Acquisition Related Charges

6 Months Ended

Jun. 28, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Acquisition Related Charges

Intangible Assets and Acquisition Related Charges:

In connection with our acquisition of SiliconBlue in December 2011, we recorded identifiable intangible assets related to developed technology and customer relationships based on guidance for determining fair value under the provisions of ASC 820. The following table summarizes the details of our total purchased intangible assets (in thousands):

	Weighted Average Amortization Period  (in years)	Gross		Accumulated Amortization			Intangible assets, net of amortization June 28, 2014
Developed technology	7	$	10,700	$	(3,885	)	$	6,815
Customer relationships	5.5	7,800		(3,604		)	4,196
Total	6.3	$	18,500	$	(7,489	)	$	11,011

Amortization expense associated with these intangible assets is reported as Amortization of intangible assets in the Consolidated Statements of Operations and amounted to $0.7 million in each of the second quarters of fiscal years 2014 and 2013 and $1.5 million in each of the first six months of fiscal years 2014 and 2013. We expect amortization expense related to these intangible assets to approximate $2.9 million each year in fiscal years 2014 - 2016, $2.2 million in 2017, and $1.5 million in 2018.