Goodwill and Intangible Assets

6 Months Ended

Jun. 28, 2025

Goodwill by reportable segment was as follows (in thousands):


	Probe Cards		Systems		Total
Goodwill, as of December 30, 2023	$	178,424	$	22,666	$	201,090


Reduction - China divestiture	(1,055)		(62)		(1,117)
Foreign currency translation	—		(802)		(802)
Goodwill, as of December 28, 2024	177,369		21,802		199,171


Foreign currency translation	—		1,687		1,687
Goodwill, as of June 28, 2025	$	177,369	$	23,489	$	200,858

We have not recorded goodwill impairments for the six months ended June 28, 2025.

Intangible assets were as follows (in thousands):


	June 28, 2025						December 28, 2024
Intangible Assets	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Existing developed technologies	$	160,694	$	151,920	$	8,774	$	159,360	$	149,631	$	9,729
Trade name	7,887		7,873		14		7,736		7,700		36
Customer relationships	48,231		48,002		229		47,831		47,241		590


	$	216,812	$	207,795	$	9,017	$	214,927	$	204,572	$	10,355

Amortization expense was included in our Condensed Consolidated Statements of Income as follows (in thousands):


	Three Months Ended				Six Months Ended
	June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Cost of revenues	$	474	$	449	$	957	$	898
Selling, general and administrative	191		191		382		382
	$	665	$	640	$	1,339	$	1,280

The estimated future amortization of definite-lived intangible assets, excluding in-process research and development, is as follows (in thousands):