| Acquired Intangible Assets, Net |
Note 7. Acquired
Intangible Assets, Net
The carrying
amounts of acquired intangible assets, net, are as follows (in
thousands):
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July 30,
2016 |
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January 30,
2016 |
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Accumulated |
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Accumulated |
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Gross |
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Amortization |
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Net |
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Gross |
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Amortization |
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Net |
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Range of |
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Carrying |
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and |
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Carrying |
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Carrying |
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and |
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Carrying |
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Useful Lives |
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Amounts |
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Write-Offs |
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Amounts |
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Amounts |
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Write-Offs |
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Amounts |
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Purchased and core
technology
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4 -8 years |
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$ |
35,498 |
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$ |
(25,020 |
) |
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$ |
10,478 |
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$ |
35,498 |
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$ |
(21,910 |
) |
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$ |
13,588 |
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Customer
intangibles
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5 -7 years |
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28,600 |
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(26,960 |
) |
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1,640 |
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28,600 |
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(24,178 |
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4,422 |
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Total intangible assets,
net
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$ |
64,098 |
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$ |
(51,980 |
) |
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$ |
12,118 |
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$ |
64,098 |
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$ |
(46,088 |
) |
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$ |
18,010 |
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Based on the
identified intangible assets recorded at July 30, 2016, the future
amortization expense for the next five fiscal years is as follows
(in thousands):
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Fiscal
Year
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Remainder of fiscal
2017
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$ |
4,750 |
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2018
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5,508 |
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2019
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1,860 |
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2020 and
thereafter
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— |
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$ |
12,118 |
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