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Intangible Assets
9 Months Ended
Sep. 29, 2013
Intangible Assets

J. Intangible Assets

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

 

     September 29, 2013  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
     Weighted
Average
Useful Life
 
     (in thousands)  

Developed technology

   $ 358,555       $ 180,960       $ 177,595         6.3 years   

Customer relationships and service and software maintenance contracts

     144,971         77,139         67,832         8.0 years   

Trade names and trademarks

     33,840         13,562         20,278         9.0 years   

Customer backlog

     1,000         1,000         —          0.4 years   
  

 

 

    

 

 

    

 

 

    

Total intangible assets

   $ 538,366       $ 272,661       $ 265,705         7.0 years   
  

 

 

    

 

 

    

 

 

    

 

     December 31, 2012  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
     Weighted
Average
Useful Life
 
     (in thousands)  

Developed technology

   $ 357,555       $ 143,126       $ 214,429         6.3 years   

Customer relationships and service and software maintenance contracts

     144,971         63,464         81,507         8.0 years   

Trade names and trademarks

     33,840         10,909         22,931         9.0 years   

Customer backlog

     1,000         1,000         —          0.4 years   
  

 

 

    

 

 

    

 

 

    

Total intangible assets

   $ 537,366       $ 218,499       $ 318,867         7.0 years   
  

 

 

    

 

 

    

 

 

    

Aggregate intangible asset amortization expense was $18.1 million and $54.2 million, respectively, for the three and nine months ended September 29, 2013 and $18.4 million and $55.3 million, respectively, for the three and nine months ended September 30, 2012. Estimated intangible asset amortization expense for each of the five succeeding fiscal years is as follows:

 

Year

   Amortization Expense  
     (in thousands)  

2013 (remainder)

   $ 18,052   

2014

     69,213   

2015

     52,462   

2016

     52,462   

2017

     46,304