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Goodwill and Intangible Assets (Tables)
12 Months Ended
Jan. 26, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill balances
Changes in the carrying amount of goodwill by applicable reporting unit were as follows:
(in thousands)
Signal Integrity
 
Wireless and Sensing
 
Protection
 
Total
Balance at January 27, 2019
$
274,085

 
$
72,128

 
$
4,928

 
$
351,141

Additions

 

 

 

Balance at January 26, 2020
$
274,085

 
$
72,128

 
$
4,928

 
$
351,141


Schedule of finite-lived intangible assets which continue to be amortized
The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and technology licenses purchased, which are amortized over their estimated useful lives:
 
 
 
January 26, 2020
 
January 27, 2019
(in thousands)
Estimated
Useful Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
Core technologies
3-8 years
 
$
82,857

 
$
(63,434
)
 
$
19,423

 
$
167,930

 
$
(136,544
)
 
$
31,386

Customer relationships
3-5 years
 
6,000

 
(5,411
)
 
589

 
34,031

 
(31,159
)
 
2,872

Total finite-lived intangible assets
 
 
$
88,857

 
$
(68,845
)
 
$
20,012

 
$
201,961

 
$
(167,703
)
 
$
34,258


Schedule of amortization expenses recorded in the Statements of Income
Amortization expense of finite-lived intangible assets recorded in the Statements of Income for each period was as follows:
(in thousands)
January 26, 2020
 
January 27, 2019
 
January 28, 2018
Core technologies
$
14,263

 
$
20,916

 
$
22,688

Customer relationships
2,283

 
5,733

 
5,179

Total amortization expense
$
16,546

 
$
26,649

 
$
27,867


Schedule of future amortization expense
Future amortization expense of finite-lived intangible assets is expected as follows:
(in thousands)
 
 
 
 
 
To be recognized in:
Core Technologies
 
Customer relationships
 
Total
Fiscal year 2021
$
7,677

 
$
589

 
$
8,266

Fiscal year 2022
4,942

 

 
4,942

Fiscal year 2023
4,002

 

 
4,002

Fiscal year 2024
1,676

 

 
1,676

Fiscal year 2025
1,126

 

 
1,126

Total expected amortization expense
$
19,423

 
$
589

 
$
20,012


Schedule of indefinite-lived intangible assets
The following table sets forth the Company’s indefinite-lived intangible assets resulting from additions to IPR&D:
(in thousands)
Net Carrying Amount
Value at January 28, 2018
$
2,300

Value at January 27, 2019
2,300

Transfers to core technologies
(2,300
)
Value at January 26, 2020
$