XML 36 R27.htm IDEA: XBRL DOCUMENT v3.23.2
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jul. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Reportable Segments
Goodwill by reportable segment was as follows (in thousands):
Probe CardsSystemsTotal
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, 2022178,424 33,020 211,444 
Foreign currency translation— 485 485 
Goodwill, as of July 1, 2023$178,424 $33,505 $211,929 
Schedule of Intangible Assets
Intangible assets were as follows (in thousands):
July 1, 2023December 31, 2022
Intangible Assets GrossAccumulated
Amortization
NetGrossAccumulated
Amortization
Net
Existing developed technologies $171,896 $153,200 $18,696 $171,441 $151,212 $20,229 
Customer relationships51,036 48,085 2,951 50,912 45,003 5,909 
Trade name8,000 7,898 102 7,972 7,759 213 
In-process research and development400 — 400 400 — 400 
$231,332 $209,183 $22,149 $230,725 $203,974 $26,751 
Schedule of Amortization Expense
Amortization expense was included in our Condensed Consolidated Statements of Income as follows (in thousands):
 Three Months EndedSix Months Ended
 July 1,
2023
June 25,
2022
July 1,
2023
June 25,
2022
Cost of revenues$838 $788 $1,669 $1,596 
Selling, general and administrative1,550 1,545 3,097 3,106 
$2,388 $2,333 $4,766 $4,702 
Schedule of Estimated Amortization of Intangible Assets
The estimated future amortization of definite-lived intangible assets, excluding in-process research and development, is as follows (in thousands):
Fiscal YearAmount
Remainder of 2023$2,435 
20244,624 
20254,280 
20263,184 
20272,839 
Thereafter4,387 
$21,749