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Intangible Assets
6 Months Ended
Jul. 03, 2011
Intangible Assets  
Intangible Assets

K. Intangible Assets

Amortizable intangible assets consist of the following and are included in intangible assets on the balance sheet:

 

     July 3, 2011  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
     Weighted
Average
Useful Life
 
     (in thousands)  

Developed technology

   $ 121,055       $ 74,500       $ 46,555         6.1 years   

Customer relationships and service and software maintenance contracts

     91,271         38,030         53,241         8.6 years   

Trade names and trademarks

     14,840         6,279         8,561         11.5 years   

Customer backlog

     300         300         —           0.5 years   
  

 

 

    

 

 

    

 

 

    

Total intangible assets

   $ 227,466       $ 119,109       $ 108,357         7.6 years   
  

 

 

    

 

 

    

 

 

    
     December 31, 2010  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
     Weighted
Average
Useful Life
 
     (in thousands)  

Developed technology

   $ 121,055       $ 65,610       $ 55,445         6.1 years   

Customer relationships and service and software maintenance contracts

     91,271         32,749         58,522         8.6 years   

Trade names and trademarks

     14,840         5,866         8,974         11.5 years   

Customer backlog

     300         300         —           0.5 years   
  

 

 

    

 

 

    

 

 

    

Total intangible assets

   $ 227,466       $ 104,525       $ 122,941         7.6 years   
  

 

 

    

 

 

    

 

 

    

Aggregate intangible asset amortization expense was $7.3 million and $14.6 million, respectively, for the three and six months ended July 3, 2011 and $7.3 million and $14.7 million, respectively for the three and six months ended July 4, 2010. Estimated intangible asset amortization expense for each of the five succeeding fiscal years is as follows:

 

Year

   Amount
(in thousands)
 

2011 (remainder)

   $ 13,238   

2012

     25,732   

2013

     24,683   

2014

     21,598   

2015

     4,575