6. Other
Intangible Assets, Net
Other intangible assets, net consist of acquisition-related
finite-lived intangibles, as summarized below (in
millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
October 26,
2012 |
|
|
April 27,
2012 |
|
| |
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Other
Intangible
Assets, Net |
|
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Other
Intangible
Assets, Net |
|
|
Developed
technology
|
|
$ |
282.1 |
|
|
$ |
(106.9 |
) |
|
$ |
175.2 |
|
|
$ |
282.1 |
|
|
$ |
(79.0 |
) |
|
$ |
203.1 |
|
|
Customer
contracts/relationships
|
|
|
54.6 |
|
|
|
(40.5 |
) |
|
|
14.1 |
|
|
|
59.4 |
|
|
|
(32.7 |
) |
|
|
26.7 |
|
|
Trademarks and trade
names
|
|
|
9.9 |
|
|
|
(6.9 |
) |
|
|
3.0 |
|
|
|
14.7 |
|
|
|
(9.7 |
) |
|
|
5.0 |
|
|
Covenants not to
compete
|
|
|
2.2 |
|
|
|
(1.4 |
) |
|
|
0.8 |
|
|
|
2.2 |
|
|
|
(1.0 |
) |
|
|
1.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total other intangible
assets
|
|
$ |
348.8 |
|
|
$ |
(155.7 |
) |
|
$ |
193.1 |
|
|
$ |
358.4 |
|
|
$ |
(122.4 |
) |
|
$ |
236.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization expense for finite-lived intangible assets is
summarized below (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three Months
Ended |
|
|
Six Months
Ended |
|
|
Statements of
Operations |
| |
|
October 26, 2012 |
|
|
October 28, 2011 |
|
|
October 26, 2012 |
|
|
October 28, 2011 |
|
|
Classifications |
|
Developed
technology
|
|
$ |
14.0 |
|
|
$ |
14.0 |
|
|
$ |
27.9 |
|
|
$ |
27.9 |
|
|
Cost of product revenues
|
|
Customer
contracts/relationships
|
|
|
6.3 |
|
|
|
6.4 |
|
|
|
12.6 |
|
|
|
15.4 |
|
|
Sales and marketing
|
|
Trademarks and trade
names
|
|
|
1.0 |
|
|
|
1.1 |
|
|
|
2.0 |
|
|
|
2.3 |
|
|
Sales and marketing
|
|
Covenants not to
compete
|
|
|
0.2 |
|
|
|
0.2 |
|
|
|
0.4 |
|
|
|
0.4 |
|
|
Sales and marketing
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
21.5 |
|
|
$ |
21.7 |
|
|
$ |
42.9 |
|
|
$ |
46.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of October 26, 2012, future amortization expense
related to finite-lived intangible assets is as follows (in
millions):
|
|
|
|
|
|
Fiscal
Year
|
|
Amount |
|
|
Remainder of
2013
|
|
$ |
41.3 |
|
|
2014
|
|
|
52.0 |
|
|
2015
|
|
|
50.6 |
|
|
2016
|
|
|
46.9 |
|
|
2017
|
|
|
2.3 |
|
|
|
|
|
|
|
Total
|
|
$ |
193.1 |
|
|
|
|
|
|
|