XML 45 R33.htm IDEA: XBRL DOCUMENT v3.5.0.2
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jul. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amounts of Goodwill
Changes in the carrying amount of goodwill were as follows:
(in thousands)
Signal Integrity
 
Power and High Reliability
 
Wireless and Sensing
 
Total
Balance at January 31, 2016
$
261,891

 
$
49,384

 
$
18,428

 
$
329,703

Additions

 

 

 

Balance at July 31, 2016
$
261,891

 
$
49,384

 
$
18,428

 
$
329,703

Schedule of Finite-Lived Intangible Assets
The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and technology licenses purchased, which continue to be amortized:
 
 
 
July 31, 2016
 
January 31, 2016
(in thousands)
Estimated
Useful Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
Core technologies
5-8 years
 
$
144,930

 
$
(82,568
)
 
$
62,362

 
$
148,210

 
$
(74,006
)
 
$
74,204

Customer relationships
5-10 years
 
30,030

 
(18,047
)
 
11,983

 
30,030

 
(15,847
)
 
14,183

Technology licenses (1)
2 years
 
100

 
(83
)
 
17

 
100

 
(57
)
 
43

Other intangibles assets
1-5 years
 
6,600

 
(6,600
)
 

 
6,600

 
(6,600
)
 

Total finite-lived intangible assets
 
 
$
181,660

 
$
(107,298
)
 
$
74,362

 
$
184,940

 
$
(96,510
)
 
$
88,430

 
(1)
Technology licenses relate to end-license agreements for intellectual property that is used by the Company in research and development activities and also has alternative future uses. Amortization expense related to technology licenses is reported as “Product development and engineering” within the unaudited condensed consolidated statements of operations.
Future Amortization Expense for Intangible Assets
The estimated annual amount of future amortization expense for all finite-lived intangible assets will be as follows:
(in thousands)
 
 
 
 
 
 
 
To be recognized in:
Core Technologies
 
Customer Relationships
 
Technology Licenses
 
Total
Remaining six months of fiscal year 2017
$
10,372

 
$
2,200

 
$
17

 
$
12,589

Fiscal year 2018
20,744

 
4,400

 

 
25,144

Fiscal year 2019
17,332

 
4,400

 

 
21,732

Fiscal year 2020
9,905

 
950

 

 
10,855

Fiscal year 2021
3,056

 
33

 

 
3,089

Thereafter
953

 

 

 
953

Total expected amortization expense
$
62,362

 
$
11,983

 
$
17

 
$
74,362