|
Other Intangible Assets
The components of other amortizable intangible assets were as follows:
|
(Dollars in thousands)
July 29, 2011 |
|
Estimated
Life (Years) |
|
Gross Carrying
Amount |
|
Accumulated
Amortization |
|
Net |
|
|
Trade name |
|
15 |
|
$ |
1,500 |
|
$ |
(175 |
) |
$ |
1,325 |
|
|
Patents |
|
5-13 |
|
9,403 |
|
(7,382 |
) |
2,021 |
|
|
Non-compete agreements |
|
2-10 |
|
6,139 |
|
(2,452 |
) |
3,687 |
|
|
Customer related |
|
5-13 |
|
8,207 |
|
(2,659 |
) |
5,548 |
|
|
Developed technology |
|
2-10 |
|
25,245 |
|
(6,294 |
) |
18,951 |
|
|
Other |
|
|
|
800 |
|
(800 |
) |
— |
|
|
Total amortizable |
|
|
|
51,294 |
|
(19,762 |
) |
31,532 |
|
|
Non-amortizable - Trade name |
|
|
|
5,281 |
|
— |
|
5,281 |
|
|
Total other intangible assets, net |
|
|
|
$ |
56,575 |
|
$ |
(19,762 |
) |
$ |
36,813 |
|
|
(Dollars in thousands)
October 31, 2010 |
|
Estimated
Life (Years) |
|
Gross Carrying
Amount |
|
Accumulated
Amortization |
|
Net |
|
|
Patents |
|
5-13 |
|
$ |
8,703 |
|
$ |
(7,034 |
) |
$ |
1,669 |
|
|
Non-compete agreements |
|
2-10 |
|
3,039 |
|
(1,910 |
) |
1,129 |
|
|
Customer related |
|
10-13 |
|
7,471 |
|
(2,061 |
) |
5,410 |
|
|
Developed technology |
|
2-10 |
|
13,984 |
|
(4,511 |
) |
9,473 |
|
|
Other |
|
|
|
800 |
|
(800 |
) |
— |
|
|
Total amortizable |
|
|
|
33,997 |
|
(16,316 |
) |
17,681 |
|
|
Non-amortizable - Trade name |
|
|
|
5,281 |
|
— |
|
5,281 |
|
|
Total other intangible assets, net |
|
|
|
$ |
39,278 |
|
$ |
(16,316 |
) |
$ |
22,962 |
|
Amortization expense for intangible assets during the first nine months of fiscal 2011 was $3.4 million. Estimated amortization expense for the remainder of fiscal 2011 and succeeding fiscal years is as follows: fiscal 2011 (remainder), $1.3 million; fiscal 2012, $5.5 million; fiscal 2013, $5.3 million; fiscal 2014, $4.9 million; fiscal 2015, $4.8 million; fiscal 2016, $4.1 million; and after fiscal 2016, $5.6 million. |