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Acquired Intangibles (Tables)
12 Months Ended
Jun. 27, 2020
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 2020 and 2019 (in millions):

 

 

 

 

 

 

 

2020

 

 

2019

 

 

 

Weighted

Average

Life in

Years

 

 

Gross

Carrying

Value

 

Accumulated

Amortization

 

Net Carrying

Value

 

 

Gross

Carrying

Value

 

Accumulated

Amortization

 

Net Carrying

Value

 

Display driver technology

 

 

5.3

 

 

$

164.0

 

$

(158.2

)

$

5.8

 

 

$

164.0

 

$

(148.1

)

$

15.9

 

Audio and video technology

 

 

5.4

 

 

 

138.6

 

 

(76.5

)

 

62.1

 

 

 

138.6

 

 

(49.4

)

 

89.2

 

Customer relationships

 

 

4.1

 

 

 

81.8

 

 

(61.4

)

 

20.4

 

 

 

81.8

 

 

(49.9

)

 

31.9

 

Fingerprint authentication

   technology

 

Not applicable

 

 

 

 

 

 

 

 

 

 

47.2

 

 

(47.2

)

 

 

Licensed technology and other

 

 

4.2

 

 

 

7.7

 

 

(5.5

)

 

2.2

 

 

 

7.7

 

 

(3.6

)

 

4.1

 

Patents

 

 

8.0

 

 

 

4.4

 

 

(2.6

)

 

1.8

 

 

 

4.4

 

 

(2.0

)

 

2.4

 

Tradename

 

 

7.0

 

 

 

1.8

 

 

(0.7

)

 

1.1

 

 

 

1.8

 

 

(0.5

)

 

1.3

 

Acquired intangibles, gross

 

 

5.1

 

 

$

398.3

 

$

(304.9

)

$

93.4

 

 

$

445.5

 

$

(300.7

)

$

144.8

 

Schedule of Expected Annual Aggregate Amortization Expense

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

 

2021

 

$

37.5

 

2022

 

 

32.9

 

2023

 

 

20.4

 

2024

 

 

2.5

 

2025

 

 

0.1

 

Future amortization

 

$

93.4