XML 65 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Intangible Assets
3 Months Ended
Mar. 30, 2014
Intangible Assets

K. Intangible Assets

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

 

     March 30, 2014  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
     Weighted
Average
Useful Life
 
     (in thousands)  

Developed technology

   $ 362,126       $ 206,551       $ 155,575         6.3 years   

Customer relationships

     146,276         86,333         59,943         8.0 years   

Trade names and trademarks

     33,834         15,332         18,502         9.0 years   

Customer backlog

     1,000         1,000         —           0.4 years   
  

 

 

    

 

 

    

 

 

    

Total intangible assets

   $ 543,236       $ 309,216       $ 234,020         7.0 years   
  

 

 

    

 

 

    

 

 

    

 

     December 31, 2013  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
     Weighted
Average
Useful Life
 
     (in thousands)  

Developed technology

   $ 362,126       $ 193,756       $ 168,370         6.3 years   

Customer relationships

     146,276         81,742         64,534         8.0 years   

Trade names and trademarks

     33,834         14,447         19,387         9.0 years   

Customer backlog

     1,000         1,000         —           0.4 years   
  

 

 

    

 

 

    

 

 

    

Total intangible assets

   $ 543,236       $ 290,945       $ 252,291         7.0 years   
  

 

 

    

 

 

    

 

 

    

Aggregate intangible asset amortization expense was $18.3 million and $18.0 million, respectively, for the three months ended March 30, 2014 and March 31, 2013. Estimated intangible asset amortization expense for each of the five succeeding fiscal years is as follows:

 

Year

   Amortization Expense  
     (in thousands)  

2014 (remainder)

   $ 51,870   

2015

     53,391   

2016

     53,391   

2017

     47,232   

2018

     22,691