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GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Sep. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The following table summarizes the changes in the Company’s recorded goodwill based on its reportable segments as of September 28, 2024 and September 30, 2023:
(in thousands)Wedge Bonding EquipmentAPSAll OthersTotal
Balance at September 30, 2023(1)
18,280 26,109 44,284 88,673
Other— 159 916 1,075 
Balance at September 28, 202418,280 26,268 45,200 89,748 
(1) Cumulative goodwill impairment as of September 30, 2023 was approximately $45.0 million.
Net intangible assets
The following table reflects net intangible assets as of September 28, 2024 and September 30, 2023: 
As of September 28, 2024
As of September 30, 2023
(dollar amounts in thousands)Average estimated
useful lives
(in years)		Gross Carrying AmountAccumulated AmortizationNet AmountGross Carrying AmountAccumulated AmortizationNet Amount
Developed technology
6.0 to 15.0
$83,401 $(61,575)$21,826 $80,959 (55,877)$25,082 
Customer relationships
5.0 to 8.0
37,625 (35,916)1,709 36,764 (34,789)1,975 
Trade and brand name
7.0 to 8.0
7,272 (7,272)— 7,130 (7,130)— 
Other intangible assets
1.0 to 8.0
5,617 (4,372)1,245 5,617 (3,776)1,841 
In-process research and developmentN.A459 — 459 459 — 459 
$134,374 $(109,135)$25,239 $130,929 $(101,572)$29,357 
Estimated annual amortization expense related to intangible assets
The following table reflects estimated annual amortization expense related to intangible assets as of September 28, 2024:
 As of
(in thousands)September 28, 2024
Fiscal 2025$5,198 
Fiscal 2026
$5,198 
Fiscal 2027
$4,923 
Fiscal 2028
$4,479 
Fiscal 2029$3,420 
Fiscal 2030 and thereafter$2,021 
Total amortization expense$25,239