Components of intangible assets, net |
The following table presents the components of intangible assets, net (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2019 | | June 24, 2018 | | Gross | | Accumulated Amortization | | Net | | Gross | | Accumulated Amortization | | Net | Intangible assets with finite lives: | | | | | | | | | | | | Customer relationships |
| $147,820 |
| |
| ($62,002 | ) | |
| $85,818 |
| |
| $147,820 |
| |
| ($56,558 | ) | |
| $91,262 |
| Developed technology | 75,878 |
| | (23,116 | ) | | 52,762 |
| | 75,878 |
| | (19,018 | ) | | 56,860 |
| Non-compete agreements | 12,231 |
| | (3,392 | ) | | 8,839 |
| | 12,231 |
| | (1,142 | ) | | 11,089 |
| Trade names, finite-lived | 450 |
| | (450 | ) | | — |
| | 450 |
| | (450 | ) | | — |
| Patent and licensing rights | 120,401 |
| | (64,804 | ) | | 55,597 |
| | 119,158 |
| | (62,554 | ) | | 56,604 |
| Total intangible assets with finite lives | 356,780 |
| | (153,764 | ) | | 203,016 |
| | 355,537 |
| | (139,722 | ) | | 215,815 |
| Trade names, indefinite-lived | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Total intangible assets |
| $356,780 |
| |
| ($153,764 | ) | |
| $203,016 |
| |
| $355,537 |
| |
| ($139,722 | ) | |
| $215,815 |
|
|
Schedule of future amortization expense of finite-lived intangible assets |
Total future amortization expense of finite-lived intangible assets is estimated to be as follows (in thousands): | | | | | Fiscal Year Ending | | June 30, 2019 (remainder of fiscal 2019) |
| $5,816 |
| June 28, 2020 | 21,662 |
| June 27, 2021 | 21,022 |
| June 26, 2022 | 19,428 |
| June 25, 2023 | 16,135 |
| Thereafter | 118,953 |
| Total future amortization expense |
| $203,016 |
|
|