XML 25 R16.htm IDEA: XBRL DOCUMENT v3.21.4
Intangible Assets
3 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets INTANGIBLE ASSETS
Amortization expense related to intangible assets is as follows (in thousands):
 Three Months Ended
 December 31,
2021
January 1,
2021
Cost of revenue$2,505 $3,877 
Selling, general and administrative6,782 8,116 
Total$9,287 $11,993 
    
Intangible assets consist of the following (in thousands):
December 31,
2021
October 1,
2021
Acquired technology$179,434 $179,434 
Customer relationships245,870 245,870 
Trade name (indefinite-lived)3,400 3,400 
Total 428,704 428,704 
Less accumulated amortization(353,306)(344,019)
Intangible assets — net$75,398 $84,685 
A summary of the activity in gross intangible assets and goodwill is as follows (in thousands):
Intangible Assets
Total Intangible AssetsAcquired
Technology
Customer
Relationships
Trade NameGoodwill
Balance as of October 1, 2021$428,704 $179,434 $245,870 $3,400 $314,240 
Currency translation adjustment— — — — (342)
Balance as of December 31, 2021$428,704 $179,434 $245,870 $3,400 $313,898 
As of December 31, 2021, our estimated amortization of our intangible assets in future fiscal years was as follows (in thousands):
2022 Remaining2023202420252026ThereafterTotal
Amortization expense$24,146 26,048 15,410 3,490 1,644 1,260 $71,998 
Accumulated amortization for acquired technology and customer relationships were $169.9 million and $183.4 million, respectively, as of December 31, 2021, and $167.3 million and $176.7 million, respectively, as of October 1, 2021.