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Goodwill and Acquired Intangibles | 3 Months Ended
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Apr. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND ACQUIRED INTANGIBLES | GOODWILL AND ACQUIRED INTANGIBLES Goodwill The changes in the carrying amount of goodwill during the three months ended April 3, 2021 were as follows:
| Gross Carrying Amount
| (In thousands)
Balance as of January 2, 2021 | $ | 782,087 |
Goodwill resulting from acquisitions | 133,326 |
Effect of foreign currency translation | (2,810) |
Balance as of April 3, 2021 | $ | 912,603 |
Acquired Intangibles, Net Acquired intangibles as of April 3, 2021 were as follows, excluding intangibles that were fully amortized as of January 2, 2021:
| Gross Carrying Amount |  | Accumulated Amortization |  | Acquired Intangibles, Net
| (In thousands)
Existing technology | $ | 393,026 |  |  | $ | (219,061) |  |  | $ | 173,965 |
Agreements and relationships | 198,546 |  |  | (115,650) |  |  | 82,896 |
Tradenames, trademarks and patents | 10,290 |  |  | (2,480) |  |  | 7,810 |
Total acquired intangibles | $ | 601,862 |  |  | $ | (337,191) |  |  | $ | 264,671 |
Acquired intangibles as of January 2, 2021 were as follows, excluding intangibles that were fully amortized as of December 28, 2019:
| Gross Carrying Amount |  | Accumulated Amortization |  | Acquired Intangibles, Net
| (In thousands)
Existing technology | $ | 370,838 |  |  | $ | (230,654) |  |  | $ | 140,184 |
Agreements and relationships | 180,023 |  |  | (113,629) |  |  | 66,394 |
Tradenames, trademarks and patents | 10,590 |  |  | (6,578) |  |  | 4,012 |
Total acquired intangibles with definite lives | $ | 561,451 |  |  | $ | (350,861) |  |  | $ | 210,590 |
Amortization expense from existing technology and maintenance agreements is included in cost of product and maintenance. Amortization expense for the three months ended April 3, 2021 and March 28, 2020 by condensed consolidated income statement caption was as follows:
|  |  | Three Months Ended
|  |  |  |  | April 3, 2021 |  | March 28, 2020
|  |  |  |  | (In thousands)
Cost of product and maintenance |  |  |  |  | $ | 11,768 |  |  | $ | 10,860 |
Amortization of acquired intangibles |  |  |  |  | 4,631 |  |  | 4,206 |
Total amortization of acquired intangibles |  |  |  |  | $ | 16,399 |  |  | $ | 15,066 |
As of April 3, 2021, the estimated amortization expense for acquired intangible assets with definite lives was as follows for the following five fiscal years and thereafter:
| (In thousands)
2021 - remaining period | $ | 49,424 |
2022 | 48,187 |
2023 | 32,657 |
2024 | 31,194 |
2025 | 20,645 |
Thereafter | 82,564 |
Total estimated amortization expense | $ | 264,671 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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