Goodwill, Intangibles And Other Assets

3 Months Ended

Jan. 01, 2012

Goodwill, Intangibles And Other Assets [Abstract]

10. Goodwill, Intangibles and Other Assets

The changes in the carrying amount of goodwill for the three months ended January 1, 2012 were as follows:


(000's omitted)
Balance as of October 2, 2011	$	79,086
Goodwill acquired during the year		—

Balance as of January 1, 2012	$	79,086

The changes in the carrying amount of goodwill for the three months ended January 2, 2011 were as follows:


(000's omitted)
Balance as of October 3, 2010	$	79,048
Goodwill acquired during the year		12

Balance as of January 2, 2011	$	79,060

In accordance with ASC 350, Intangibles-Goodwill and Other, goodwill and intangible assets with indefinite lives are tested for impairment on an annual basis as of the end of the Company's fiscal fourth quarter and between annual tests if indicators of potential impairment exist. No triggering events occurred or circumstances existed during the quarter ended January 1, 2012 to reassess these assets for impairment prior to the annual test.

Intangibles and other assets consist of:


			January 1, 2012				October 2, 2011
(000's omitted)	Weighted Average Life		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Prepaid license fees		15 years	$	13,214	$	5,619	$	12,931	$	5,416
Patents and developed technology		11 years		38,413		17,915		38,008		17,068
Customer-related intangibles		10 years		5,038		2,697		5,035		2,572
Intangible assets not subject to amortization		—		1,620		—		1,620		—
Other assets		—		11,623		5,721		11,192		5,305

			$	69,908	$	31,952	$	68,786	$	30,361

Amortization of intangibles for the three months ended January 1, 2012 and January 2, 2011 was approximately $1.6 million and $1.4 million, respectively, and is included in the condensed consolidated statements of income.

- 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. Also includes the entire disclosure for other non-current assets.

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