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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 29, 2024
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 31, 2022$178,424 $33,020 $211,444 
Reduction - FRT divestiture— (10,660)(10,660)
Foreign currency translation— 306 306 
Goodwill, as of December 30, 2023
178,424 22,666 201,090 
Reduction - China divestiture(1,055)(62)(1,117)
Foreign currency translation— (425)(425)
Goodwill, as of June 29, 2024
$177,369 $22,179 $199,548 
Schedule of Intangible Assets
Intangible assets were as follows (in thousands):
June 29, 2024December 30, 2023
Intangible Assets GrossAccumulated
Amortization
NetGrossAccumulated
Amortization
Net
Existing developed technologies $159,258 $149,008 $10,250 $159,593 $148,445 $11,148 
Trade name7,770 7,712 58 7,808 7,728 80 
Customer relationships47,920 46,971 949 48,022 46,712 1,310 
In-process research and development400 — 400 400 — 400 
$215,348 $203,691 $11,657 $215,823 $202,885 $12,938 
Schedule of Amortization Expense
Amortization expense was included in our Condensed Consolidated Statements of Income as follows (in thousands):
 Three Months EndedSix Months Ended
 June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
Cost of revenues$449 $838 $898 $1,669 
Selling, general and administrative191 1,550 382 3,097 
$640 $2,388 $1,280 $4,766 
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 2024
$1,280 
20252,330 
20261,630 
20271,630 
20281,630 
Thereafter2,757 
$11,257