XML 20 R11.htm IDEA: XBRL DOCUMENT
v3.23.1

Goodwill and Intangible Assets | 3 Months Ended
--- | ---
Apr. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill by reportable segment was as follows (in thousands):
|  | Probe Cards |  | Systems |  | Total
Goodwill, as of December 25, 2021 |  | $ | 178,424 |  |  | $ | 33,875 |  |  | $ | 212,299 |
Addition - Woburn Acquisition |  | — |  |  | 550 |  |  | 550 |
Foreign currency translation |  | — |  |  | (1,405) |  |  | (1,405) |
Goodwill, as of December 31, 2022 |  | 178,424 |  |  | 33,020 |  |  | 211,444 |
Foreign currency translation |  | — |  |  | 329 |  |  | 329 |
Goodwill, as of April 1, 2023 |  | $ | 178,424 |  |  | $ | 33,349 |  |  | $ | 211,773 |
We have not recorded goodwill impairments for the three months ended April 1, 2023. Intangible assets were as follows (in thousands):
|  | April 1, 2023 |  | December 31, 2022
Intangible Assets |  | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Existing developed technologies |  | $ | 171,750 |  |  | $ | 152,260 |  |  | $ | 19,490 |  |  | $ | 171,441 |  |  | $ | 151,212 |  |  | $ | 20,229 |
Customer relationships |  | 50,996 |  |  | 46,559 |  |  | 4,437 |  |  | 50,912 |  |  | 45,003 |  |  | 5,909 |
Trade name |  | 7,992 |  |  | 7,833 |  |  | 159 |  |  | 7,972 |  |  | 7,759 |  |  | 213 |
In-process research and development |  | 400 |  |  | — |  |  | 400 |  |  | 400 |  |  | — |  |  | 400 |
|  | $ | 231,138 |  |  | $ | 206,652 |  |  | $ | 24,486 |  |  | $ | 230,725 |  |  | $ | 203,974 |  |  | $ | 26,751 |
Amortization expense was included in our Condensed Consolidated Statements of Income as follows (in thousands):
| Three Months Ended |  |
| April 1, 2023 |  | March 26, 2022 |  |  |  |
Cost of revenues | $ | 831 |  |  | $ | 808 |  |  |  |  |
Selling, general and administrative | 1,547 |  |  | 1,561 |  |  |  |  |
| $ | 2,378 |  |  | $ | 2,369 |  |  |  |  |
The estimated future amortization of definite-lived intangible assets, excluding in-process research and development, is as follows (in thousands):
Fiscal Year |  | Amount
Remainder of 2023 |  | $ | 4,813 |
2024 |  | 4,611 |
2025 |  | 4,268 |
2026 |  | 3,175 |
2027 |  | 2,832 |
Thereafter |  | 4,387 |
|  | $ | 24,086 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration