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GOODWILL AND INTANGIBLE ASSETS (Tables)
 3 Months Ended
Dec. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the changes in the Company’s recorded goodwill, where applicable, by reportable segments and the “All Others” category (refer to Note 14 for further information) as of December 28, 2024 and September 28, 2024:
(in thousands)Wedge Bonding EquipmentAPSAll OthersTotal
Balance at September 28, 2024(1)
$18,280 $26,268 45,200 $89,748 
Other— (198)(1,139)$(1,337)
Balance at December 28, 2024$18,280 $26,070 44,061 $88,411 
(1) Cumulative goodwill impairment pertaining to the “All Others” category as of September 28, 2024 was $45.0 million.
Net intangible assets
The following table reflects net intangible assets as of December 28, 2024 and September 28, 2024: 
 
As of December 28, 2024
As of September 28, 2024
(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
$80,364 $(60,801)$19,563 $83,401 $(61,575)$21,826 
Customer relationships
5.0 to 8.0
$36,554 $(34,912)$1,642 $37,625 $(35,916)$1,709 
Trade and brand name
7.0 to 8.0
$7,095 $(7,095)$— $7,272 $(7,272)$— 
Other intangible assets
1.0 to 8.0
$5,617 $(4,479)$1,138 $5,617 $(4,372)$1,245 
In-process research and developmentN.A$459 $— $459 $459 $— $459 
$130,089 $(107,287)$22,802 $134,374 $(109,135)$25,239 
Estimated annual amortization expense related to intangible assets
The following table reflects estimated annual amortization expense related to intangible assets as of December 28, 2024:
 As of
(in thousands)December 28, 2024
Remaining fiscal 2025
$3,705 
Fiscal 2026
4,940 
Fiscal 20274,665 
Fiscal 2028
4,244 
Fiscal 2029
3,255 
Thereafter1,993 
Total amortization expense$22,802