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Acquired Intangibles and Goodwill (Tables)
9 Months Ended
Mar. 26, 2022
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 and the related accumulated amortization of our acquired intangible assets (in millions):

 

 

 

 

 

 

March 2022

 

 

June 2021

 

 

 

Weighted Average
Life in Years

 

 

Gross Carrying
Value

 

 

Accumulated
Amortization

 

 

Net Carrying
Value

 

 

Gross Carrying
Value

 

 

Accumulated
Amortization

 

 

Net Carrying
Value

 

Audio and video technology

 

 

5.4

 

 

$

189.6

 

 

$

(96.7

)

 

$

92.9

 

 

$

138.6

 

 

$

(97.6

)

 

$

41.0

 

Customer relationships

 

 

4.1

 

 

$

190.5

 

 

$

(91.4

)

 

 

99.1

 

 

 

125.5

 

 

 

(63.8

)

 

 

61.7

 

Wireless connectivity technology

 

 

6.0

 

 

$

128.0

 

 

$

(27.9

)

 

 

100.1

 

 

 

93.0

 

 

 

(14.2

)

 

 

78.8

 

Video interface technology

 

 

3.0

 

 

$

82.0

 

 

$

(45.5

)

 

 

36.5

 

 

 

82.0

 

 

 

(25.1

)

 

 

56.9

 

Display driver technology

 

 

7.0

 

 

$

20.4

 

 

$

(19.6

)

 

 

0.8

 

 

 

20.4

 

 

 

(17.5

)

 

 

2.9

 

Backlog

 

 

1.0

 

 

$

11.0

 

 

$

(3.7

)

 

 

7.3

 

 

 

12.0

 

 

 

(12.0

)

 

 

-

 

Licensed technology and other

 

 

4.5

 

 

$

9.9

 

 

$

(6.9

)

 

 

3.0

 

 

 

13.0

 

 

 

(8.1

)

 

 

4.9

 

Patents

 

 

8.0

 

 

$

4.4

 

 

$

(3.6

)

 

 

0.8

 

 

 

4.4

 

 

 

(3.2

)

 

 

1.2

 

Tradename

 

 

4.4

 

 

$

5.8

 

 

$

(2.8

)

 

 

3.0

 

 

 

4.8

 

 

 

(1.7

)

 

 

3.1

 

In process research and development

 

Not applicable

 

 

$

66.0

 

 

 

-

 

 

 

66.0

 

 

 

51.0

 

 

 

-

 

 

 

51.0

 

Acquired intangibles totals

 

 

4.8

 

 

$

707.6

 

 

$

(298.1

)

 

$

409.5

 

 

$

544.7

 

 

$

(243.2

)

 

$

301.5