Intangible Assets

6 Months Ended

Dec. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

The following table presents the components of intangible assets, net (in thousands):



	December 30, 2012							June 24, 2012
	Gross		Accumulated amortization			Net		Gross		Accumulated amortization			Net
Intangible assets with finite lives:
Customer relationships	$	137,440	$	(55,357	)	$	82,083	$	137,440	$	(51,103	)	$	86,337
Developed technology	162,760		(43,283		)	119,477		160,360		(33,141		)	127,219
Non-compete agreements	10,244		(3,057		)	7,187		10,244		(2,077		)	8,167
Trade names, finite-lived	520		(481		)	39		520		(469		)	51
Patent and license rights	106,399		(31,545		)	74,854		97,812		(28,791		)	69,021
Total intangible assets with finite lives	417,363		(133,723		)	283,640		406,376		(115,581		)	290,795
In-process research and development, indefinite-lived	—					—		2,400					2,400
Trade names, indefinite-lived	82,880					82,880		82,880					82,880
Total intangible assets	$	500,243	$	(133,723	)	$	366,520	$	491,656	$	(115,581	)	$	376,075

Total amortization expense, including the amortization of acquisition related intangibles, patents and license rights, recognized during the three and six months ended December 30, 2012 was $9.5 million and $18.7 million, respectively. For the three and six months ended December 25, 2011, total amortization expense, including the amortization of acquisition related intangibles, patents and license rights, was $8.8 million and $14.1 million, respectively.

Total annual amortization expense of intangible assets is estimated to be as follows (in thousands):



Fiscal Year Ending
June 30, 2013 (remainder of fiscal 2013)	$	18,784
June 29, 2014	35,539
June 28, 2015	32,572
June 26, 2016	32,296
June 25, 2017	30,335
Thereafter	134,114
Total	$	283,640

- 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.

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