v3.25.4
GOODWILL AND INTANGIBLE ASSETS (Tables)
 3 Months Ended
Jan. 03, 2026
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 as of January 3, 2026 and October 4, 2025.
(in thousands)Wedge Bonding EquipmentAPSAll OthersTotal
Balance at October 4, 2025 and January 3, 2026
(1)
$18,280 $23,266 $27,976 $69,522 
(1) Cumulative goodwill impairment as of October 4, 2025 was $21.5 million and $32.9 million related to APS and All Others, respectively. As discussed in Note 1: Basis of Presentation, during the three months ended January 3, 2026, a certain product line from the APS segment was transferred to and reported within the “All Others” category. The goodwill associated with the impacted reporting unit within the APS segment had been fully impaired as of October 4, 2025; therefore, this transfer did not affect the goodwill ending balance by reportable segments as of January 3, 2026.
Net intangible assets
The following table reflects net intangible assets as of January 3, 2026 and October 4, 2025: 
As of January 3, 2026As of October 4, 2025
(dollar amounts in thousands)
Average estimated useful lives (in years)
Gross carrying amountAccumulated amortizationNet amountGross carrying amountAccumulated amortizationNet amount
Developed technology
7.0 to 8.0
$37,461 $(34,709)$2,752 $37,461 $(34,576)$2,885 
Customer relationships
5.0 to 8.0
$21,430 $(20,055)$1,375 $21,430 $(19,988)$1,442 
Trade and brand name
8.0
$4,600 $(4,600)$— $4,600 $(4,600)$— 
Other intangible assets
1.0 to 8.0
$5,618 $(4,912)$706 $5,618 $(4,804)$814 
In-process research and developmentN.A$459 $— $459 $459 $— $459 
Total$69,568 $(64,276)$5,292 $69,568 $(63,968)$5,600 
Estimated annual amortization expense related to intangible assets
The following table reflects estimated annual amortization expense related to intangible assets as of January 3, 2026:
As of
(in thousands)January 3, 2026
Remaining Fiscal 2026942 
Fiscal 20271,013 
Fiscal 2028922 
Fiscal 2029922 
Fiscal 2030922 
Thereafter571 
Total amortization expense5,292