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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Oct. 03, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the Company's recorded goodwill by reportable segments as of October 3, 2020 and September 28, 2019:
(in thousands)
Capital Equipment
APS
Balance at September 28, 2019$29,480 $26,211 
Other794 210 
Balance at October 3, 2020$30,274 $26,421 
Net intangible assets
The following table reflects net intangible assets as of October 3, 2020 and September 28, 2019: 
 As ofAverage estimated
(dollar amounts in thousands)October 3, 2020September 28, 2019
useful lives (in years)
Developed technology$91,044 $87,209 7.0 to 15.0
Accumulated amortization(54,293)(48,718) 
Net developed technology$36,751 $38,491  
Customer relationships$36,307 $35,180 5.0 to 6.0
Accumulated amortization(35,587)(31,862) 
Net customer relationships$720 $3,318  
Trade and brand names$7,404 $7,219 7.0 to 8.0
Accumulated amortization(6,903)(6,377) 
Net trade and brand names$501 $842  
Other intangible assets$2,500 $2,500 1.9
Accumulated amortization(2,500)(2,500) 
Net wedge bonder other intangible assets$— $—  
Net intangible assets$37,972 $42,651  
Estimated annual amortization expense related to intangible assets The following table reflects estimated annual amortization expense related to intangible assets as of October 3, 2020:
 As of
(in thousands)October 3, 2020
Fiscal 2021$5,582 
Fiscal 20224,574 
Fiscal 20234,474 
Fiscal 20244,474 
Fiscal 20254,474 
Fiscal 2026 and thereafter14,394 
Total amortization expense$37,972