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GOODWILL AND INTANGIBLE ASSETS (Tables) | 9 Months Ended
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Jul. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table summarizes the Company's recorded goodwill by reportable segments as of July 3, 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 |  | 149 |  |  | 40 |  |  | $ | 189 |
Balance at July 3, 2021 |  | $ | 47,222 |  |  | $ | 26,461 |  |  | $ | 73,683 |
Net intangible assets | The following table reflects net intangible assets as of July 3, 2021 and October 3, 2020:
| As of |  | Average estimated |
(dollar amounts in thousands) | July 3, 2021 |  | October 3, 2020 |  | useful lives (in years) |
Developed technology | $ | 91,764 |  |  | $ | 91,044 |  |  | 7.0 to 15.0 |
Accumulated amortization | (57,953) |  |  | (54,293) |  |  |  |
Net developed technology | $ | 33,811 |  |  | $ | 36,751 |  |  |  |
Customer relationships | $ | 36,507 |  |  | $ | 36,307 |  |  | 5.0 to 6.0 |
Accumulated amortization | (36,507) |  |  | (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 | $ | 7,439 |  |  | $ | 7,404 |  |  | 7.0 to 8.0 |
Accumulated amortization | (7,236) |  |  | (6,903) |  |  |  |
Net trade and brand name | 203 |  |  | 501 |  |  |  |
Other intangible assets | $ | 4,700 |  |  | $ | 2,500 |  |  | 1.9 to 6.0 |
Accumulated amortization | (2,683) |  |  | (2,500) |  |  |  |
Net other intangible assets | $ | 2,017 |  |  | $ | — |  |  |  |
| $ | 45,031 |  |  | $ | 37,972 |  |  |  |
Estimated annual amortization expense related to intangible assets | The following table reflects estimated annual amortization expense related to intangible assets as of July 3, 2021:
| As of
(in thousands) | July 3, 2021
Remaining fiscal 2021 | $ | 1,325 |
Fiscal 2022 | 6,497 |
Fiscal 2023 | 6,396 |
Fiscal 2024 | 6,396 |
Fiscal 2025 | 6,396 |
Thereafter | 18,021 |
Total amortization expense | $ | 45,031 |

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