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Acquired Intangibles (Tables)
12 Months Ended
Jun. 27, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Life, Gross Carrying Value of Acquired Intangible Assets, and Related Accumulated Amortization

The following table summarizes the life, the gross carrying value of our acquired intangible assets, and the related accumulated amortization as of the end of fiscal 2015 and 2014 (in millions):

 

 

 

Weighted Average

 

 

 

 

 

 

 

 

 

 

 

Life in Years

 

 

 

 

 

 

 

 

 

 

 

June 30, 2015

 

 

2015

 

 

2014

 

Display driver developed technology

 

 

5.3

 

 

$

164.0

 

 

$

 

Fingerprint developed technology

 

 

3.6

 

 

 

75.6

 

 

 

18.6

 

ThinTouch developed technology

 

 

7.0

 

 

 

8.9

 

 

 

8.9

 

Customer relationships

 

 

2.8

 

 

 

48.4

 

 

 

3.8

 

Licensed technology and other

 

 

5.0

 

 

 

1.3

 

 

 

1.3

 

Backlog

 

 

0.3

 

 

 

10.3

 

 

 

0.8

 

Patents

 

 

5.0

 

 

 

0.1

 

 

 

0.1

 

Supplier arrangement

 

 

1.8

 

 

 

22.0

 

 

 

 

In-process research and development

 

Not applicable

 

 

 

 

 

 

57.0

 

Acquired intangibles, gross

 

4.2

 

 

 

330.6

 

 

 

90.5

 

Accumulated amortization

 

 

 

 

 

 

(95.2

)

 

 

(8.4

)

Acquired intangibles, net

 

 

 

 

 

$

235.4

 

 

$

82.1

 

 

Schedule of Expected Annual Aggregate Amortization Expense

The following table presents expected annual aggregate amortization expense in future fiscal years (in millions):

 

2016

 

$

72.9

 

2017

 

 

60.7

 

2018

 

 

49.2

 

2019

 

 

34.9

 

2020

 

 

11.4

 

Thereafter

 

 

6.3

 

Future amortization

 

$

235.4