XML 36 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Mar. 30, 2014
Schedule of Finite-Lived Intangible Assets

The following table provides details of the Company’s intangible assets, including the impact of foreign currency translation adjustments, as of March 30, 2014:

 

     Gross      Accumulated
Amortization
    Net      Weighted-Average
Useful Life
 
     (in thousands)      (years)  

Customer relationships

   $ 625,072       $ (156,121   $ 468,951         9.01   

Existing technology

     662,357         (207,981     454,376         6.96   

Patents

     32,053         (23,887     8,166         6.09   

Other intangible assets

     35,216         (35,216     —           4.10   
  

 

 

    

 

 

   

 

 

    

Intangible assets subject to amortization

     1,354,698         (423,205     931,493      

In process research and development

     11,000           11,000      

Development rights

     9,100           9,100      
  

 

 

      

 

 

    

Intangible assets not subject to amortization

     20,100           20,100      
  

 

 

    

 

 

   

 

 

    

Total intangible assets

   $ 1,374,798       $ (423,205   $ 951,593      
  

 

 

    

 

 

   

 

 

    

The following table provides details of the Company’s intangible assets, including the impact of foreign currency translation adjustments, as of June 30, 2013 (in thousands, except years):

 

     Gross      Accumulated
Amortization
    Net      Weighted-Average
Useful Life
 
     (in thousands)      (years)  

Customer relationships

   $ 624,686       $ (103,519   $ 521,167         9.01   

Existing technology

     653,628         (139,894     513,734         6.97   

Patents

     32,053         (22,036     10,017         6.09   

Backlog

     10,000         (10,000     —           1.00   

Other intangible assets

     35,216         (34,889     327         4.10   
  

 

 

    

 

 

   

 

 

    

Intangible assets subject to amortization

     1,355,583         (310,338     1,045,245      

In process research and development

     20,000           20,000      

Development rights

     9,100           9,100      
  

 

 

      

 

 

    

Intangible assets not subject to amortization

     29,100           29,100      
  

 

 

    

 

 

   

 

 

    

Total intangible assets

   $ 1,384,683       $ (310,338   $ 1,074,345      
  

 

 

    

 

 

   

 

 

    
Schedule of Indefinite-Lived Intangible Assets

The following table provides details of the Company’s intangible assets, including the impact of foreign currency translation adjustments, as of March 30, 2014:

 

     Gross      Accumulated
Amortization
    Net      Weighted-Average
Useful Life
 
     (in thousands)      (years)  

Customer relationships

   $ 625,072       $ (156,121   $ 468,951         9.01   

Existing technology

     662,357         (207,981     454,376         6.96   

Patents

     32,053         (23,887     8,166         6.09   

Other intangible assets

     35,216         (35,216     —           4.10   
  

 

 

    

 

 

   

 

 

    

Intangible assets subject to amortization

     1,354,698         (423,205     931,493      

In process research and development

     11,000           11,000      

Development rights

     9,100           9,100      
  

 

 

      

 

 

    

Intangible assets not subject to amortization

     20,100           20,100      
  

 

 

    

 

 

   

 

 

    

Total intangible assets

   $ 1,374,798       $ (423,205   $ 951,593      
  

 

 

    

 

 

   

 

 

    

The following table provides details of the Company’s intangible assets, including the impact of foreign currency translation adjustments, as of June 30, 2013 (in thousands, except years):

 

     Gross      Accumulated
Amortization
    Net      Weighted-Average
Useful Life
 
     (in thousands)      (years)  

Customer relationships

   $ 624,686       $ (103,519   $ 521,167         9.01   

Existing technology

     653,628         (139,894     513,734         6.97   

Patents

     32,053         (22,036     10,017         6.09   

Backlog

     10,000         (10,000     —           1.00   

Other intangible assets

     35,216         (34,889     327         4.10   
  

 

 

    

 

 

   

 

 

    

Intangible assets subject to amortization

     1,355,583         (310,338     1,045,245      

In process research and development

     20,000           20,000      

Development rights

     9,100           9,100      
  

 

 

      

 

 

    

Intangible assets not subject to amortization

     29,100           29,100      
  

 

 

    

 

 

   

 

 

    

Total intangible assets

   $ 1,384,683       $ (310,338   $ 1,074,345      
  

 

 

    

 

 

   

 

 

    
Estimated Future Amortization Expense of Intangible Assets

The estimated future amortization expense of purchased intangible assets as of March 30, 2014 is as follows:

 

Fiscal Year

   Amount  
     (in thousands)  

2014 (3 months)

   $ 39,842   

2015

     159,718   

2016

     157,510   

2017

     155,790   

2018

     154,625   

Thereafter

     264,008   
  

 

 

 
   $ 931,493