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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Apr. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the Company's recorded goodwill by reporting segments as of April 3, 2021 and October 3, 2020:
(in thousands)Capital EquipmentAPSTotal
Balance at October 3, 2020$30,274 $26,421 $56,695 
Acquired in business combination16,799 — $16,799 
Other42 12 $54 
Balance at April 3, 2021$47,115 $26,433 $73,548 
Net intangible assets The following table reflects net intangible assets as of April 3, 2021 and October 3, 2020: 
 As ofAverage estimated
(dollar amounts in thousands)April 3, 2021October 3, 2020
useful lives (in years)
Developed technology$91,248 $91,044 7.0 to 15.0
Accumulated amortization(56,612)(54,293)
Net developed technology$34,636 $36,751 
Customer relationships$36,355 $36,307 5.0 to 6.0
Accumulated amortization(36,355)(35,587)
Net customer relationships$— $720 
In-process research and development$9,000 $— N.A
Accumulated amortization— — 
Net in-process research and development$9,000 $— 
Trade and brand name$7,414 $7,404 7.0 to 8.0
Accumulated amortization(7,112)(6,903)
Net trade and brand name302 501 
Other intangible assets$4,700 $2,500 1.9 to 6.0
Accumulated amortization(2,592)(2,500)
Net other intangible assets$2,108 $— 
$46,046 $37,972 
Estimated annual amortization expense related to intangible assets
The following table reflects estimated annual amortization expense related to intangible assets as of April 3, 2021:
 As of
(in thousands)April 3, 2021
Remaining fiscal 2021$2,629 
Fiscal 20226,457 
Fiscal 20236,356 
Fiscal 20246,356 
Fiscal 20256,356 
Thereafter17,892 
Total amortization expense$46,046