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GOODWILL AND INTANGIBLE ASSETS (Tables)
 3 Months Ended
Jan. 02, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the Company's recorded goodwill by reporting segments as of January 2, 2021 and October 3, 2020:
As of
(in thousands)January 2, 2021October 3, 2020
Capital Equipment$30,783 $30,274 
Aftermarket Products and Services ("APS")26,556 26,421 
Total goodwill$57,339 $56,695 
Net intangible assets
The following table reflects net intangible assets as of January 2, 2021 and October 3, 2020: 
 As ofAverage estimated
(dollar amounts in thousands)January 2, 2021October 3, 2020
useful lives (in years)
Developed technology$93,503 $91,044 7.0 to 15.0
Accumulated amortization(56,356)(54,293) 
Net developed technology$37,147 $36,751  
Customer relationships$37,030 $36,307 5.0 to 6.0
Accumulated amortization(37,018)(35,587) 
Net customer relationships$12 $720  
Trade and brand names$7,523 $7,404 7.0 to 8.0
Accumulated amortization(7,105)(6,903) 
Net trade and brand names$418 $501  
Other intangible assets$2,500 $2,500 1.9
Accumulated amortization(2,500)(2,500) 
Net other intangible assets$— $—  
Net intangible assets$37,577 $37,972  
Estimated annual amortization expense related to intangible assets
The following table reflects estimated annual amortization expense related to intangible assets as of January 2, 2021:
 As of
(in thousands)January 2, 2021
Remaining fiscal 2021$3,811 
Fiscal 20224,768 
Fiscal 20234,664 
Fiscal 20244,664 
Fiscal 20254,664 
Thereafter15,006 
Total amortization expense$37,577