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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jul. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Carrying Amounts of Goodwill | The following table summarizes goodwill by applicable operating segments:
| Balance as of July 27, 2025 |  | Balance as of January 26, 2025
(in thousands) | Goodwill |  | Accumulated Impairment Losses |  | Carrying Value |  | Goodwill |  | Accumulated Impairment Losses |  | Carrying Value
Signal Integrity | $ | 267,205 |  |  | $ | — |  |  | $ | 267,205 |  |  | $ | 267,205 |  |  | $ | — |  |  | $ | 267,205 |
Analog Mixed Signal and Wireless | 83,101 |  |  | — |  |  | 83,101 |  |  | 83,101 |  |  | — |  |  | 83,101 |
IoT Systems and Connectivity | 946,991 |  |  | (805,102) |  |  | 141,889 |  |  | 945,896 |  |  | (763,111) |  |  | 182,785 |
Total goodwill | $ | 1,297,297 |  |  | $ | (805,102) |  |  | $ | 492,195 |  |  | $ | 1,296,202 |  |  | $ | (763,111) |  |  | $ | 533,091 |
The following table summarizes the change in goodwill by applicable operating segments:
(in thousands) | Signal Integrity |  | Analog Mixed Signal and Wireless |  | IoT Systems and Connectivity |  |  |  |  |  |  |  |  |  |  |  | Total
Balance at January 26, 2025 | $ | 267,205 |  |  | $ | 83,101 |  |  | $ | 182,785 |  |  |  |  |  |  |  |  |  |  |  |  | $ | 533,091 |
Cumulative translation adjustment | — |  |  | — |  |  | 1,095 |  |  |  |  |  |  |  |  |  |  |  |  | 1,095 |
Impairment | — |  |  | — |  |  | (41,991) |  |  |  |  |  |  |  |  |  |  |  |  | (41,991) |
Balance at July 27, 2025 | $ | 267,205 |  |  | $ | 83,101 |  |  | $ | 141,889 |  |  |  |  |  |  |  |  |  |  |  |  | $ | 492,195 |
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 27, 2025
(in thousands, except estimated useful life) | Estimated Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Accumulated Impairment |  | Net Carrying Amount
Core technologies | 1-8 years |  | $ | 155,694 |  |  | $ | (49,200) |  |  | $ | (91,792) |  |  | $ | 14,702 |
Customer relationships | 1-10 years |  | 52,585 |  |  | (14,371) |  |  | (34,777) |  |  | 3,437 |
Trade name | 2-10 years |  | 9,000 |  |  | (3,191) |  |  | (4,816) |  |  | 993 |
Capitalized development costs | 3-7 years |  | 3,513 |  |  | (603) |  |  | — |  |  | 2,910 |
Software licenses | 7-10 years |  | 3,740 |  |  | (120) |  |  | — |  |  | 3,620 |
Total finite-lived intangible assets |  |  | $ | 224,532 |  |  | $ | (67,485) |  |  | $ | (131,385) |  |  | $ | 25,662 |
|  |  | January 26, 2025
(in thousands, except estimated useful life) | Estimated Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Accumulated Impairment |  | Net Carrying Amount
Core technologies | 1-8 years |  | $ | 154,728 |  |  | $ | (44,014) |  |  | $ | (91,792) |  |  | $ | 18,922 |
Customer relationships | 1-10 years |  | 51,781 |  |  | (13,394) |  |  | (34,777) |  |  | 3,610 |
Trade name | 2-10 years |  | 9,000 |  |  | (3,125) |  |  | (4,816) |  |  | 1,059 |
Capitalized development costs | 3 years |  | 1,368 |  |  | (278) |  |  | — |  |  | 1,090 |
Software licenses | 7 years |  | 200 |  |  | (14) |  |  | — |  |  | 186 |
Total finite-lived intangible assets |  |  | $ | 217,077 |  |  | $ | (60,825) |  |  | $ | (131,385) |  |  | $ | 24,867 |
Finite-lived Intangible Assets Amortization Expense | Amortization expense of finite-lived intangible assets was as follows:
| Three Months Ended |  | Six Months Ended
(in thousands) | July 27, 2025 |  | July 28, 2024 |  | July 27, 2025 |  | July 28, 2024
Core technologies | $ | 2,214 |  |  | $ | 2,279 |  |  | $ | 4,419 |  |  | $ | 4,560 |
Customer relationships | 115 |  |  | 114 |  |  | 229 |  |  | 228 |
Trade name | 33 |  |  | 168 |  |  | 66 |  |  | 361 |
Capitalized development costs | 198 |  |  | 49 |  |  | 325 |  |  | 49 |
Software licenses | 96 |  |  | — |  |  | 106 |  |  | — |
Total amortization expense | $ | 2,656 |  |  | $ | 2,610 |  |  | $ | 5,145 |  |  | $ | 5,198 |
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
2026 (remaining six months) | $ | 4,217 |  |  | $ | 230 |  |  | $ | 66 |  |  | $ | 396 |  |  | $ | 192 |  |  | $ | 5,101 |
2027 | 3,756 |  |  | 461 |  |  | 133 |  |  | 792 |  |  | 384 |  |  | 5,526 |
2028 | 3,599 |  |  | 461 |  |  | 133 |  |  | 515 |  |  | 384 |  |  | 5,092 |
2029 | 3,130 |  |  | 461 |  |  | 133 |  |  | 284 |  |  | 384 |  |  | 4,392 |
2030 | — |  |  | 461 |  |  | 133 |  |  | 284 |  |  | 384 |  |  | 1,262 |
Thereafter | — |  |  | 1,363 |  |  | 395 |  |  | 639 |  |  | 1,892 |  |  | 4,289 |
Total expected amortization expense | $ | 14,702 |  |  | $ | 3,437 |  |  | $ | 993 |  |  | $ | 2,910 |  |  | $ | 3,620 |  |  | $ | 25,662 |
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 26, 2025 |  | $ | 2,104 |  |  | $ | 6,140 |  |  | $ | 8,244 |
Additions |  | 1,481 |  |  | 4,950 |  |  | 6,431 |
Placed in service |  | (2,145) |  |  | (3,540) |  |  | (5,685) |
Balance at July 27, 2025 |  | $ | 1,440 |  |  | $ | 7,550 |  |  | $ | 8,990 |

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