Goodwill and Acquired Intangible Assets, Net (Tables)
|
12 Months Ended |
Feb. 01, 2020 |
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of Acquired Finite-Lived Intangible Assets by Major Class |
During the year ended February 1, 2020 the Company acquired $572.0 million of intangible assets associated with the Aquantia and Avera acquisitions as follows (in thousands, except for weighted-average useful life as of acquisition date):
| | | | | | | | | | Preliminary Estimated Fair Value | Weighted-Average Useful Life (Years) | | Developed technology | $ | 353,000 | | 5.58 | | IPR&D | 41,000 | | 7.39 | | Customer contracts and related relationships | 178,000 | | 5.21 | | | | | $ | 572,000 | | |
During the year ended February 2, 2019, in connection with the Cavium acquisition, the Company acquired $2.7 billion of intangible assets. As of February 2, 2019, net carrying amounts are as follows (in thousands, except for weighted-average remaining amortization period):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | February 2, 2019 | | | | | | | | | Gross Carrying Amounts | | Accumulated Amortization and Write-Offs | | Net Carrying Amounts | | Weighted-average remaining amortization period (years) | | Developed technologies | | $ | 1,743,000 | | | $ | (134,167) | | | $ | 1,608,833 | | | 7.10 | | Customer contracts and related relationships | | 465,000 | | | (45,939) | | | 419,061 | | | 8.42 | | Trade names | | 23,000 | | | (3,212) | | | 19,788 | | | 3.85 | | Total acquired amortizable intangible assets | | 2,231,000 | | | (183,318) | | | 2,047,682 | | | 7.34 | | IPR&D | | 513,000 | | | — | | | 513,000 | | | n/a | | Total acquired intangible assets | | $ | 2,744,000 | | | $ | (183,318) | | | $ | 2,560,682 | | | |
|
| Schedule of Finite-Lived Intangible Assets by Major Class |
As of February 1, 2020, net carrying amounts are as follows (in thousands, except for weighted-average remaining amortization period):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | February 1, 2020 | | | | | | | | | | | | | | | Gross Carrying Amounts | | Accumulated Amortization and Write-Offs | | Net Carrying Amounts | | Weighted -average remaining amortization period (years) | | | | | | | | Developed technologies | | $ | 2,511,000 | | | $ | (413,735) | | | $ | 2,097,265 | | | 6.41 | | | | | | | | Customer contracts and related relationships | | 643,000 | | | (128,939) | | | 514,061 | | | 6.61 | | | | | | | | Trade names | | 23,000 | | | (8,726) | | | 14,274 | | | 2.96 | | | | | | | | Total acquired amortizable intangible assets | | 3,177,000 | | | (551,400) | | | 2,625,600 | | | 6.43 | | | | | | | | IPR&D | | 139,000 | | | — | | | 139,000 | | | n/a | | | | | | | | Total acquired intangible assets | | $ | 3,316,000 | | | $ | (551,400) | | | $ | 2,764,600 | | | | | | | | | |
|
| Schedule of Indefinite-Lived Intangible Assets |
As of February 1, 2020, net carrying amounts are as follows (in thousands, except for weighted-average remaining amortization period):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | February 1, 2020 | | | | | | | | | | | | | | | Gross Carrying Amounts | | Accumulated Amortization and Write-Offs | | Net Carrying Amounts | | Weighted -average remaining amortization period (years) | | | | | | | | Developed technologies | | $ | 2,511,000 | | | $ | (413,735) | | | $ | 2,097,265 | | | 6.41 | | | | | | | | Customer contracts and related relationships | | 643,000 | | | (128,939) | | | 514,061 | | | 6.61 | | | | | | | | Trade names | | 23,000 | | | (8,726) | | | 14,274 | | | 2.96 | | | | | | | | Total acquired amortizable intangible assets | | 3,177,000 | | | (551,400) | | | 2,625,600 | | | 6.43 | | | | | | | | IPR&D | | 139,000 | | | — | | | 139,000 | | | n/a | | | | | | | | Total acquired intangible assets | | $ | 3,316,000 | | | $ | (551,400) | | | $ | 2,764,600 | | | | | | | | | |
|
| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
The following table presents the estimated future amortization expense of acquired amortizable intangible assets as of February 1, 2020 (in thousands): | | | | | | | | | | Fiscal Year | | Amount | | | | | | 2021 | | $ | 451,686 | | | 2022 | | 441,969 | | | 2023 | | 428,891 | | | 2024 | | 399,920 | | | 2025 | | 354,012 | | | Thereafter | | 549,122 | | | | $ | 2,625,600 | |
|