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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Jun. 27, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The acquisition was completed on January 9, 2015. Upon acquisition, Assembléon became a wholly owned subsidiary of the Company. The following table summarizes the Company's recorded goodwill as of June 27, 2015:
 
 
As of
(in thousands)
 
June 27, 2015
Balance at September 27, 2014
 
$
41,546

Acquired in business combination
 
39,726

Balance at June 27, 2015
 
$
81,272

Net intangible assets
The following table reflects net intangible assets as of June 27, 2015 and September 27, 2014
 
 
As of
 
Average estimated
(dollar amounts in thousands)
 
June 27, 2015
 
September 27, 2014
 
useful lives (in years)
Developed technology
 
$
33,200

 
$
33,200

 
7.0 to 15.0
Acquired in business combination
 
40,880

 

 
 
Accumulated amortization
 
(33,379
)
 
(28,458
)
 
 
Net developed technology
 
$
40,701

 
$
4,742

 
 
 
 
 
 
 
 
 
Customer relationships
 
$
19,300

 
$
19,300

 
5.0 to 6.0
Acquired in business combination
 
17,668

 

 
 
Accumulated amortization
 
(20,772
)
 
(19,300
)
 
 
Net customer relationships
 
$
16,196

 
$

 
 
 
 
 
 
 
 
 
Trade and brand names
 
$
4,600

 
$
4,600

 
7.0 to 8.0
Acquired in business combination
 
2,915

 

 
 
Accumulated amortization
 
(4,090
)
 
(3,451
)
 
 
Net trade and brand name
 
$
3,425

 
$
1,149

 
 
 
 
 
 
 
 
 
Other intangible assets
 
$
2,500

 
$
2,500

 
1.9
Accumulated amortization
 
(2,500
)
 
(2,500
)
 
 
Net other intangible assets
 
$

 
$

 
 
 
 
 
 
 
 
 
Net intangible assets
 
$
60,322

 
$
5,891

 
 
Estimated annual amortization expense related to intangible assets
The following table reflects estimated annual amortization expense related to intangible assets as of June 27, 2015:
 
As of
(in thousands)
June 27, 2015
Remaining fiscal 2015
$
2,847

Fiscal 2016
6,662

Fiscal 2017
6,087

Fiscal 2018 and onwards
44,726

Total amortization expense
$
60,322