XML 22 R12.htm IDEA: XBRL DOCUMENT v3.21.1
Goodwill and Intangible Assets
3 Months Ended
Mar. 27, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill by reportable segment was as follows (in thousands):
Probe CardsSystemsTotal
Goodwill, gross, as of December 28, 2019$172,482 $26,714 $199,196 
Addition - FRT GmbH Acquisition— 975 975 
Addition - Baldwin Park Acquisition5,590 — 5,590 
Addition - HPD Acquisition— 4,654 4,654 
Foreign currency translation— 2,346 2,346 
Goodwill, gross, as of December 26, 2020178,072 34,689 212,761 
Addition - Baldwin Park Acquisition352 352 
Addition - HPD Acquisition— 2,011 2,011 
Foreign currency translation— (906)(906)
Goodwill, gross, as of March 27, 2021$178,424 $35,794 $214,218 

We have not recorded goodwill impairments for the three months ended March 27, 2021.

Intangible assets were as follows (in thousands):
March 27, 2021December 26, 2020
Intangible Assets GrossAccumulated
Amortization
NetGrossAccumulated
Amortization
Net
Developed technologies $173,318 $142,344 $30,974 $176,265 $137,754 $38,511 
Trade names8,100 7,418 682 8,162 7,363 799 
Customer relationships51,557 34,899 16,658 52,488 33,378 19,110 
Backlog1,969 1,897 72 2,227 1,900 327 
In-process research and development400 — 400 400 — 400 
$235,344 $186,558 $48,786 $239,542 $180,395 $59,147 

Amortization expense was included in our Condensed Consolidated Statements of Income as follows (in thousands):
 Three Months Ended
 March 27,
2021
March 28,
2020
Cost of revenues$5,090 $5,750 
Selling, general and administrative1,715 1,513 
$6,805 $7,263 

The estimated future amortization of definite-lived intangible assets, excluding in-process research and development, is as follows (in thousands):
Fiscal YearAmount
Remainder of 2021$11,933 
20229,591 
20237,240 
20244,625 
20254,364 
Thereafter10,633 
$48,386