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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
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
APSTotal
Balance at October 3, 202030,274 26,421 56,695
Acquired in business combination16,799 — 16,799
Other(512)(33)(545)
Balance at October 2, 202146,561 26,388 72,949 
Net intangible assets
The following table reflects net intangible assets as of October 2, 2021 and October 3, 2020: 
 As ofAverage estimated
(dollar amounts in thousands)October 2, 2021October 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