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Acquired Intangibles (Tables)
12 Months Ended
Jun. 25, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Life, Gross Carrying Value and Related Accumulated Amortization of Acquired Intangible Assets

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 2016 and 2015 (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

 

 

 

 

Life in Years

 

 

2016

 

 

2015

 

Display driver  technology

 

 

5.3

 

 

$

164.0

 

 

$

164.0

 

Fingerprint authentication technology

 

 

3.6

 

 

 

75.6

 

 

 

75.6

 

ThinTouch  technology

 

 

 

 

 

 

-

 

 

 

8.9

 

Customer relationships

 

 

2.8

 

 

 

48.4

 

 

 

48.4

 

Licensed technology and other

 

 

5.0

 

 

 

1.3

 

 

 

1.3

 

Backlog

 

 

 

 

 

 

-

 

 

 

10.3

 

Patents

 

 

7.7

 

 

 

4.8

 

 

 

0.1

 

Supplier arrangement

 

 

1.8

 

 

 

22.0

 

 

 

22.0

 

Acquired intangibles, gross  

 

 

4.2

 

 

 

316.1

 

 

 

330.6

 

Accumulated amortization

 

 

 

 

 

 

(155.8

)

 

 

(95.2

)

Acquired intangibles, net

 

 

 

 

 

$

160.3

 

 

$

235.4

 

 

Schedule of Expected Annual Aggregate Amortization Expense

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

 

2017

 

$

59.3

 

2018

 

 

48.6

 

2019

 

 

34.2

 

2020

 

 

10.6

 

2021

 

 

3.5

 

Thereafter

 

 

4.1

 

Future amortization

 

$

160.3