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Purchased Intangible Assets (Tables)
6 Months Ended
Jun. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Purchased Intangible Assets

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.

Schedule of Goodwill [Table Text Block]

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

 

 

Schedule of Estimated Future Amortization Expenses

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