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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Oct. 27, 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 Connectivity |  |  |  |  |  |  |  |  |  |  |  | Total
Balance at January 28, 2024 | $ | 267,205 |  |  | $ | 83,101 |  |  | $ | 190,921 |  |  |  |  |  |  |  |  |  |  |  |  | $ | 541,227 |
Cumulative translation adjustment | — |  |  | — |  |  | 56 |  |  |  |  |  |  |  |  |  |  |  |  | 56 |
Balance at October 27, 2024 | $ | 267,205 |  |  | $ | 83,101 |  |  | $ | 190,977 |  |  |  |  |  |  |  |  |  |  |  |  | $ | 541,283 |
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:
|  |  | October 27, 2024
(in thousands, except estimated useful life) | Estimated Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Accumulated Impairment |  | Net Carrying Amount
Core technologies | 1-8 years |  | $ | 154,914 |  |  | $ | (41,893) |  |  | $ | (91,792) |  |  | $ | 21,229 |
Customer relationships | 1-10 years |  | 52,250 |  |  | (13,713) |  |  | (34,777) |  |  | 3,760 |
Trade name | 2-10 years |  | 9,000 |  |  | (3,092) |  |  | (4,816) |  |  | 1,092 |
Capitalized development costs | 3 years |  | 295 |  |  | (74) |  |  | — |  |  | 221 |
Software licenses | 7 years |  | 200 |  |  | (7) |  |  | — |  |  | 193 |
Total finite-lived intangible assets |  |  | $ | 216,659 |  |  | $ | (58,779) |  |  | $ | (131,385) |  |  | $ | 26,495 |
|  |  | January 28, 2024
(in thousands, except estimated useful life) | Estimated Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Accumulated Impairment |  | Net 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 Ended |  | Nine Months Ended
(in thousands) | October 27, 2024 |  | October 29, 2023 |  | October 27, 2024 |  | October 29, 2023
Core technologies | $ | 2,281 |  |  | $ | 10,008 |  |  | $ | 6,841 |  |  | $ | 31,436 |
Customer relationships | 116 |  |  | 4,061 |  |  | 345 |  |  | 12,231 |
Trade name | 33 |  |  | 792 |  |  | 392 |  |  | 2,375 |
Capitalized development costs | 25 |  |  | — |  |  | 74 |  |  | — |
Software licenses | 7 |  |  | — |  |  | 7 |  |  | — |
Total amortization expense | $ | 2,462 |  |  | $ | 14,861 |  |  | $ | 7,659 |  |  | $ | 46,042 |
Schedule of Future Amortization of Intangible Asset | Future amortization expense of finite-lived intangible assets is expected as follows:
(in thousands) | Core Technologies |  | Customer Relationships |  | Trade Name |  | Capitalized Development Costs |  | Software Licenses |  | Total
2025 (remaining three months) | $ | 2,267 |  |  | $ | 114 |  |  | $ | 33 |  |  | $ | 25 |  |  | $ | 7 |  |  | $ | 2,446 |
2026 | 8,605 |  |  | 458 |  |  | 133 |  |  | 98 |  |  | 29 |  |  | 9,323 |
2027 | 3,713 |  |  | 458 |  |  | 133 |  |  | 98 |  |  | 29 |  |  | 4,431 |
2028 | 3,557 |  |  | 458 |  |  | 133 |  |  | — |  |  | 29 |  |  | 4,177 |
2029 | 3,087 |  |  | 383 |  |  | 133 |  |  | — |  |  | 29 |  |  | 3,632 |
Thereafter | — |  |  | 1,889 |  |  | 527 |  |  | — |  |  | 70 |  |  | 2,486 |
Total expected amortization expense | $ | 21,229 |  |  | $ | 3,760 |  |  | $ | 1,092 |  |  | $ | 221 |  |  | $ | 193 |  |  | $ | 26,495 |
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 Costs |  | Software Licenses |  | Total
Balance at January 28, 2024 |  | $ | 1,000 |  |  | $ | 915 |  |  | $ | 1,915 |
Additions |  | 523 |  |  | 8,375 |  |  | 8,898 |
Placed in service |  | (295) |  |  | (200) |  |  | (495) |
Balance at October 27, 2024 |  | $ | 1,228 |  |  | $ | 9,090 |  |  | $ | 10,318 |

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