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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Oct. 02, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table summarizes the Company's recorded goodwill by reportable segments as of October 2, 2021 and October 3, 2020:
(in thousands) |  | Capital Equipment |  | APS |  | Total
Balance at October 3, 2020 |  | 30,274 |  |  | 26,421 |  |  | 56,695
Acquired in business combination |  | 16,799 |  |  | — |  |  | 16,799
Other |  | (512) |  |  | (33) |  |  | (545) |
Balance at October 2, 2021 |  | 46,561 |  |  | 26,388 |  |  | 72,949 |
Net intangible assets | The following table reflects net intangible assets as of October 2, 2021 and October 3, 2020:
|  | As of |  | Average estimated
(dollar amounts in thousands) |  | October 2, 2021 |  | October 3, 2020 |  | useful lives (in years)
Developed technology |  | $ | 90,427 |  |  | $ | 91,044 |  |  | 7.0 to 15.0
Accumulated amortization |  | $ | (58,494) |  |  | $ | (54,293) |  |  |
Net developed technology |  | $ | 31,933 |  |  | $ | 36,751 |  |  |
Customer relationships |  | $ | 36,114 |  |  | $ | 36,307 |  |  | 5.0 to 6.0
Accumulated amortization |  | $ | (36,114) |  |  | $ | (35,587) |  |  |
Net customer relationships |  | $ | — |  |  | $ | 720 |  |  |
In-process research and development |  | $ | 8,795 |  |  | $ | — |  |  | N.A.
Accumulated amortization |  | $ | — |  |  | $ | — |  |  |
Net in-process research and development |  | $ | 8,795 |  |  | $ | — |  |  |
Trade and brand name |  | $ | 7,374 |  |  | $ | 7,404 |  |  | 7.0 to 8.0
Accumulated amortization |  | $ | (7,275) |  |  | $ | (6,903) |  |  |
Net trade and brand name |  | $ | 99 |  |  | $ | 501 |  |  |
Other intangible assets |  | $ | 4,700 |  |  | $ | 2,500 |  |  | 1.9 to 6.0
Accumulated amortization |  | $ | (2,775) |  |  | $ | (2,500) |  |  |
Net other intangible assets |  | $ | 1,925 |  |  | $ | — |  |  |
Net intangible assets |  | $ | 42,752 |  |  | $ | 37,972 |  |  |
Estimated annual amortization expense related to intangible assets | The following table reflects estimated annual amortization expense related to intangible assets as of October 2, 2021:
| As of
(in thousands) | October 2, 2021
Fiscal 2022 | $ | 6,357 |
Fiscal 2023 | $ | 6,258 |
Fiscal 2024 | $ | 6,258 |
Fiscal 2025 | $ | 6,258 |
Fiscal 2026 | $ | 6,258 |
Fiscal 2027 and thereafter | $ | 11,363 |
Total amortization expense | $ | 42,752 |

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