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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Jul. 01, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the Company's recorded goodwill as of July 1, 2017 and October 1, 2016:
(in thousands)
Wedge Bonder
 
Electronics Assembly/Hybrid
 
Total
Balance at October 3, 2015
$
41,546

 
$

 
$
41,546

Acquired in business combination

 
39,726

 
39,726

Balance at October 1, 2016
$
41,546

 
$
39,726

 
$
81,272

Goodwill impairment

 
(35,207
)
 
(35,207
)
Balance at July 1, 2017
$
41,546

 
$
4,519

 
$
46,065

Net intangible assets
The following table reflects net intangible assets as of July 1, 2017 and October 1, 2016
 
As of
 
Average estimated
(dollar amounts in thousands)
July 1, 2017
 
October 1, 2016
 
useful lives (in years)
Technology
$
74,080

 
$
74,080

 
7.0 to 15.0
Accumulated amortization
(40,013
)
 
(37,969
)
 
 
Net technology
$
34,067

 
$
36,111

 
 
 
 
 
 
 
 
Customer relationships
$
36,968

 
$
36,968

 
5.0 to 6.0
Accumulated amortization
(26,662
)
 
(24,455
)
 
 
Net customer relationships
$
10,306

 
$
12,513

 
 
 
 
 
 
 
 
Trade and brand names
$
7,515

 
$
7,515

 
7.0 to 8.0
Accumulated amortization
(5,644
)
 
(5,329
)
 
 
Net trade and brand name
$
1,871

 
$
2,186

 
 
 
 
 
 
 
 
Other intangible assets
$
2,500

 
$
2,500

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

 
$

 
 
 
 
 
 
 
 
Net intangible assets
$
46,244

 
$
50,810

 
 
Estimated annual amortization expense related to intangible assets
The following table reflects estimated annual amortization expense related to intangible assets as of July 1, 2017:
 
As of
(in thousands)
July 1, 2017
Remaining fiscal 2017
$
1,522

Fiscal 2018
6,086

Fiscal 2019
6,086

Fiscal 2020
6,086

Fiscal 2021 and onwards
26,464

Total amortization expense
$
46,244