XML 47 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1
Goodwill and Acquired Intangible Assets (Tables)
6 Months Ended
Jul. 02, 2017
Changes in Carrying Amount of Goodwill by Segment

The changes in the carrying amount of goodwill by reportable segments for the six months ended July 2, 2017, were as follows:

 

    Industrial
Automation
    System
Test
    Wireless
Test
    Semiconductor
Test
    Total  
    (in thousands)  

Balance at December 31, 2016

         

Goodwill

  $ 204,851     $ 158,699     $ 361,819     $ 260,540     $ 985,909  

Accumulated impairment losses

    —         (148,183     (353,843     (260,540     (762,566
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
    204,851       10,516       7,976       —         223,343  

Foreign currency translation adjustment

    18,872       —         —         —         18,872  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at July 2, 2017

         

Goodwill

    223,723       158,699       361,819       260,540       1,004,781  

Accumulated impairment losses

    —         (148,183     (353,843     (260,540     (762,566
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  $ 223,723     $ 10,516     $ 7,976     $ —       $ 242,215  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Schedule of Estimated Acquired Intangible Asset Amortization Expense

Estimated acquired intangible asset amortization expense for each of the five succeeding fiscal years is as follows:

 

Year

   Amortization Expense  
     (in thousands)  

2017 (remainder)

     14,353  

2018

     28,527  

2019

     24,604  

2020

     10,800  

2021

     3,621  

Thereafter

     8,698  
Wireless Test  
Schedule of Amortizable Acquired Intangible Assets

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

 

     July 2, 2017  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Cumulative
Foreign
Currency
Translation
Adjustment
     Net
Carrying
Amount
 
     (in thousands)  

Developed technology

   $ 270,877      $ (215,973    $ (524    $ 54,380  

Customer relationships

     92,741        (81,294      (55      11,392  

Tradenames and trademarks

     50,100        (25,233      (136      24,731  

Non-compete agreement

     320        (220      —          100  

Customer backlog

     170        (170      —          —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total acquired intangible assets

   $ 414,208      $ (322,890    $ (715    $ 90,603  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

     December 31, 2016  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Cumulative
Foreign
Currency
Translation
Adjustment
     Net
Carrying
Amount
 
     (in thousands)  

Developed technology

   $ 270,877      $ (206,376    $ (5,093    $ 59,408  

Customer relationships

     92,741        (76,707      (538      15,496  

Tradenames and trademarks

     50,100        (23,435      (1,308      25,357  

Non-compete agreement

     320        (180      —          140  

Customer backlog

     170        (170      —          —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total acquired intangible assets

   $ 414,208      $ (306,868    $ (6,939    $ 100,401