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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Jan. 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the Company's recorded goodwill by reportable segments (refer to Note 14) as of January 1, 2022 and October 2, 2021:
(in thousands)Capital EquipmentAPSTotal
Balance at October 2, 2021$46,561 $26,388 $72,949 
Other(537)(59)$(596)
Balance at January 1, 2022$46,024 $26,329 $72,353 
Net intangible assets
The following table reflects net intangible assets as of January 1, 2022 and October 2, 2021: 
 As ofAverage estimated
(dollar amounts in thousands)January 1, 2022October 2, 2021
useful lives (in years)
Developed technology$89,341 $90,427 
7.0 to 15.0
Accumulated amortization(59,099)(58,494)
Net developed technology$30,242 $31,933 
Customer relationships$35,795 $36,114 
5.0 to 6.0
Accumulated amortization(35,795)(36,114)
Net customer relationships$— $— 
In-process research and development$8,627 $8,795 N.A
Accumulated amortization— — 
Net in-process research and development$8,627 $8,795 
Trade and brand name$7,321 $7,374 
7.0 to 8.0
Accumulated amortization(7,321)(7,275)
Net trade and brand name— 99 
Other intangible assets$4,700 $4,700 
1.9 to 6.0
Accumulated amortization(2,867)(2,775)
Net other intangible assets$1,833 $1,925 
$40,702 $42,752 
Estimated annual amortization expense related to intangible assets
The following table reflects estimated annual amortization expense related to intangible assets as of January 1, 2022:
 As of
(in thousands)January 1, 2022
Remaining fiscal 2022$3,892 
Fiscal 20236,146 
Fiscal 20246,146 
Fiscal 20256,146 
Fiscal 20266,146 
Thereafter12,226 
Total amortization expense$40,702