Purchased Intangible Assets

6 Months Ended

Jun. 28, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 6. Goodwill and Purchased Intangible Assets

Goodwill

The changes in the carrying amount of goodwill are as follows:


	Six Months Ended
	June 28,		June 29,
	2025		2024
	(in thousands)
Balance, beginning of the period	$	329,980	$	315,811
Acquired business		57		—
Balance, end of the period	$	330,037	$	315,811

Purchased Intangible Assets

Purchased intangible assets as of June 28, 2025 and December 28, 2024 are as follows:


	Gross Carrying Amount		Accumulated Amortization		Net
	(in thousands)
June 28, 2025
Finite-lived intangibles:
Developed technology	$	277,416	$	201,716	$	75,700
Customer and distributor relationships		66,620		34,963		31,657
Trademarks and trade names		14,171		10,962		3,209
Total identifiable intangible assets	$	358,207	$	247,641	$	110,566
December 28, 2024
Finite-lived intangibles:
Developed technology	$	387,716	$	298,013	$	89,703
Customer and distributor relationships		73,321		39,370		33,951
Trademarks and trade names		14,171		10,368		3,803
Total identifiable intangible assets	$	475,208	$	347,751	$	127,457

During the three and six months ended June 28, 2025, the Company disposed of fully amortized identifiable intangible assets whose gross carrying value totaled $117 million. There were no disposals of identifiable intangible assets during the three and six months ended June 29, 2024.

Assuming no change in the gross carrying value of identifiable intangible assets and estimated lives, future estimated amortization expenses are:


	Expected Amortization
	Expense
Fiscal Year:	(in thousands)
2025 (remainder)	$	16,890
2026		32,588
2027		24,367
2028		13,482
2029		6,232
2030		6,109
Thereafter		10,898
Total	$	110,566