XML 52 R34.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jul. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amounts of Goodwill
The carrying amounts of goodwill by applicable operating segment were as follows:
(in thousands)Signal Integrity
Analog Mixed Signal and Wireless
IoT Systems and ConnectivityTotal
Balance at January 28, 2024$267,205 $83,101 $190,921 $541,227 
Cumulative translation adjustment— — (123)(123)
Balance at July 28, 2024$267,205 $83,101 $190,798 $541,104 
Schedule of Acquired Finite-Lived Intangible Assets
The following table sets forth the Company’s finite-lived intangible assets, which are amortized over their estimated useful lives:
 July 28, 2024
(in thousands, except estimated useful life)Estimated
Useful Life		Gross
Carrying
Amount		Accumulated
Amortization		Accumulated ImpairmentNet Carrying
Amount
Core technologies
1-8 years
$154,797 $(39,525)$(91,792)$23,480 
Customer relationships
1-10 years
52,117 (13,476)(34,777)3,864 
Trade name
2-10 years
9,000 (3,058)(4,816)1,126 
Capitalized development costs
3 years
295 (49)— 246 
Total finite-lived intangible assets$216,209 $(56,108)$(131,385)$28,716 
January 28, 2024
(in thousands, except estimated useful life)Estimated
Useful Life		Gross
Carrying
Amount		Accumulated
Amortization		Accumulated ImpairmentNet Carrying
Amount
Core technologies
1-8 years
$154,985 $(35,130)$(91,792)$28,063 
Customer relationships
1-10 years
52,272 (13,391)(34,777)4,104 
Trade name
2-10 years
9,000 (2,700)(4,816)1,484 
Total finite-lived intangible assets$216,257 $(51,221)$(131,385)$33,651 
Finite-lived Intangible Assets Amortization Expense
Amortization expense of finite-lived intangible assets was as follows:
Three Months EndedSix Months Ended
(in thousands)July 28, 2024July 30, 2023July 28, 2024July 30, 2023
Core technologies$2,279 $10,573 $4,560 $21,428 
Customer relationships114 4,080 228 8,170 
Trade name168 791 361 1,583 
Capitalized development costs49 — 49 — 
Total amortization expense$2,610 $15,444 $5,198 $31,181 
Schedule of Future Amortization of Intangible Asset
Future amortization expense of finite-lived intangible assets is expected as follows:
(in thousands)Core TechnologiesCustomer RelationshipsTrade NameCapitalized Development CostsTotal
2025 (remaining six months)$4,542 $228 $66 $49 $4,885 
20268,598 457 133 98 9,286 
20273,707 457 133 99 4,396 
20283,550 457 133 — 4,140 
20293,083 382 133 — 3,598 
Thereafter— 1,883 528 — 2,411 
Total expected amortization expense$23,480 $3,864 $1,126 $246 $28,716 
Schedule of Finite-Lived Intangible Assets The following table sets forth the Company’s finite-lived intangible assets not yet placed in service:
(in thousands)Capitalized Development CostsSoftware LicensesTotal
Balance at January 28, 2024$1,000 $915 $1,915 
Additions468 4,550 5,018 
Placed in service(295)— (295)
Balance at July 28, 2024$1,173 $5,465 $6,638