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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Jun. 29, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the Company's recorded goodwill as of June 29, 2019 and September 29, 2018:
 
As of
(in thousands)
June 29, 2019
 
September 29, 2018
Capital Equipment
$
29,920

 
$
30,159

APS
26,328

 
26,391

Total goodwill
$
56,248

 
$
56,550


Net intangible assets
The following table reflects net intangible assets as of June 29, 2019 and September 29, 2018
 
As of
 
Average estimated
(dollar amounts in thousands)
June 29, 2019
 
September 29, 2018
 
useful lives (in years)
Developed technology
$
89,334

 
$
90,500

 
7.0 to 15.0
Accumulated amortization
(48,243
)
 
(45,229
)
 
 
Net developed technology
$
41,091

 
$
45,271

 
 
 
 
 
 
 
 
Customer relationships
$
35,805

 
$
36,131

 
5.0 to 6.0
Accumulated amortization
(31,670
)
 
(29,820
)
 
 
Net customer relationships
$
4,135

 
$
6,311

 
 
 
 
 
 
 
 
Trade and brand names
$
7,321

 
$
7,377

 
7.0 to 8.0
Accumulated amortization
(6,349
)
 
(6,088
)
 
 
Net trade and brand names
$
972

 
$
1,289

 
 
 
 
 
 
 
 
Other intangible assets
$
2,500

 
$
2,500

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

 
$

 
 
 
 
 
 
 
 
Net intangible assets
$
46,198

 
$
52,871

 
 

Estimated annual amortization expense related to intangible assets
The following table reflects estimated annual amortization expense related to intangible assets as of June 29, 2019:
 
As of
(in thousands)
June 29, 2019
Remaining fiscal 2019
$
1,870

Fiscal 2020
7,479

Fiscal 2021
5,417

Fiscal 2022
4,439

Fiscal 2023 and onwards
26,993

Total amortization expense
$
46,198