Intangible Assets

Intangible Assets, net

The following table presents the components of intangible assets, net (in thousands):



	September 23, 2018							June 24, 2018
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Intangible assets with finite lives:
Customer relationships		$233,420		($95,862	)		$137,558		$233,420		($92,770	)		$140,650
Developed technology	226,728		(159,145		)	67,583		226,728		(154,467		)	72,261
Non-compete agreements	22,475		(12,136		)	10,339		22,475		(11,386		)	11,089
Trade names, finite-lived	520		(520		)	—		520		(520		)	—
Patent and licensing rights	159,650		(73,414		)	86,236		159,297		(72,923		)	86,374
Total intangible assets with finite lives	642,793		(341,077		)	301,716		642,440		(332,066		)	310,374
Trade names, indefinite-lived	79,680		—			79,680		79,680		—			79,680
Total intangible assets		$722,473		($341,077	)		$381,396		$722,120		($332,066	)		$390,054

For the three months ended September 23, 2018, total amortization of finite-lived intangible assets was $11.7 million. For the three months ended September 24, 2017, total amortization of finite-lived intangible assets was $9.9 million.

Total future amortization expense of finite-lived intangible assets is estimated to be as follows (in thousands):



Fiscal Year Ending
June 30, 2019 (remainder of fiscal 2019)		$27,158
June 28, 2020	32,978
June 27, 2021	31,507
June 26, 2022	28,323
June 25, 2023	23,061
Thereafter	158,689
Total future amortization expense		$301,716

Goodwill by reportable segment as September 23, 2018 was as follows (in thousands):



	Wolfspeed		LED Products		Lighting Products		Consolidated Total
Balance at September 23, 2018		$349,726		$180,278		$90,326		$620,330