XML 25 R17.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Goodwill and Intangible Assets
3 Months Ended
Jun. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

8. Goodwill and Intangible Assets

The table below summarizes the changes in the carrying amount of goodwill as follows:

 

 

Total

 

Balance at March 29, 2024

 

$

202,425

 

Foreign currency translation

 

 

(133

)

Balance at June 28, 2024

 

$

202,292

 

 

Intangible assets, net, were as follows:

 

 

June 28, 2024

 

Description

 

Gross

 

 

Accumulated
Amortization

 

 

Net Carrying
Amount

 

Patents

 

$

46,409

 

 

$

(22,918

)

 

$

23,491

 

Customer relationships

 

 

14,940

 

 

 

(3,402

)

 

 

11,538

 

Completed technologies

 

 

249,408

 

 

 

(15,006

)

 

 

234,402

 

Indefinite-lived process technology and trademarks

 

 

2,292

 

 

 

 

 

 

2,292

 

Trademarks and other

 

 

86

 

 

 

(86

)

 

 

 

Total

 

$

313,135

 

 

$

(41,412

)

 

$

271,723

 

 

 

March 29, 2024

 

Description

 

Gross

 

 

Accumulated
Amortization

 

 

Net Carrying
Amount

 

Patents

 

$

44,894

 

 

$

(22,016

)

 

$

22,878

 

Customer relationships

 

 

14,977

 

 

 

(3,315

)

 

 

11,662

 

Completed technologies

 

 

249,758

 

 

 

(9,719

)

 

 

240,039

 

Indefinite-lived process technology and trademarks

 

 

2,275

 

 

 

 

 

 

2,275

 

Trademarks and other

 

 

87

 

 

 

(87

)

 

 

 

Total

 

$

311,991

 

 

$

(35,137

)

 

$

276,854

 

 

Intangible assets amortization expense was $6,312 and $1,506 for the three-month periods ended June 28, 2024 and June 30, 2023, respectively.