
	Balance as of July 27, 2025						Balance as of January 26, 2025
(in thousands)	Goodwill		Accumulated Impairment Losses		Carrying Value		Goodwill		Accumulated Impairment Losses		Carrying Value
Signal Integrity	$	267,205	$	—	$	267,205	$	267,205	$	—	$	267,205
Analog Mixed Signal and Wireless	83,101		—		83,101		83,101		—		83,101
IoT Systems and Connectivity	946,991		(805,102)		141,889		945,896		(763,111)		182,785
Total goodwill	$	1,297,297	$	(805,102)	$	492,195	$	1,296,202	$	(763,111)	$	533,091


(in thousands)	Signal Integrity		Analog Mixed Signal and Wireless		IoT Systems and Connectivity		Total
Balance at January 26, 2025	$	267,205	$	83,101	$	182,785	$	533,091



Cumulative translation adjustment	—		—		1,095		1,095
Impairment	—		—		(41,991)		(41,991)
Balance at July 27, 2025	$	267,205	$	83,101	$	141,889	$	492,195

During the second quarter of fiscal year 2026, as a result of reduced earnings forecasts of the IoT Connected Services reporting unit, the Company performed an interim impairment test using a quantitative assessment of the IoT Connected Services reporting unit, included in the IoT Systems and Connectivity operating segment. The interim impairment test resulted in $42.0 million of total pre-tax non-cash goodwill impairment charges for the IoT Connected Services reporting unit recorded in the Statements of Operations during the second quarter of fiscal year 2026. The fair value of the reporting unit was determined based on a discounted cash flow model (an income approach) and earnings multiples (a market approach). Significant inputs to the reporting unit fair value measurements included forecasted cash flows, discount rates, terminal growth rates and earnings multiples, which were determined by management estimates and assumptions. The reporting unit fair value measurement is classified as Level 3 in the fair value hierarchy because it involves significant unobservable inputs.

Goodwill is not amortized, but is tested for impairment at the reporting unit level using either a qualitative or quantitative assessment on an annual basis during the fourth quarter of each fiscal year, and whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Impairment of goodwill is measured at the reporting unit level by comparing the reporting unit’s carrying amount, including goodwill, to the fair market value of the reporting unit. As of July 27, 2025, with the exception of the goodwill impairment recorded to the IoT Connected Services reporting unit discussed above, there was no indication of impairment of the Company's goodwill balances for any of the other reporting units in the IoT Systems and Connectivity operating segment or in any of the other operating segments.


		July 27, 2025
(in thousands, except estimated useful life)	Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization		Accumulated Impairment		Net Carrying Amount
Core technologies	1-8 years	$	155,694	$	(49,200)	$	(91,792)	$	14,702
Customer relationships	1-10 years	52,585		(14,371)		(34,777)		3,437
Trade name	2-10 years	9,000		(3,191)		(4,816)		993
Capitalized development costs	3-7 years	3,513		(603)		—		2,910
Software licenses	7-10 years	3,740		(120)		—		3,620
Total finite-lived intangible assets		$	224,532	$	(67,485)	$	(131,385)	$	25,662

		January 26, 2025
(in thousands, except estimated useful life)	Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization		Accumulated Impairment		Net Carrying Amount
Core technologies	1-8 years	$	154,728	$	(44,014)	$	(91,792)	$	18,922
Customer relationships	1-10 years	51,781		(13,394)		(34,777)		3,610
Trade name	2-10 years	9,000		(3,125)		(4,816)		1,059
Capitalized development costs	3 years	1,368		(278)		—		1,090
Software licenses	7 years	200		(14)		—		186
Total finite-lived intangible assets		$	217,077	$	(60,825)	$	(131,385)	$	24,867


	Three Months Ended				Six Months Ended
(in thousands)	July 27, 2025		July 28, 2024		July 27, 2025		July 28, 2024
Core technologies	$	2,214	$	2,279	$	4,419	$	4,560
Customer relationships	115		114		229		228
Trade name	33		168		66		361
Capitalized development costs	198		49		325		49
Software licenses	96		—		106		—
Total amortization expense	$	2,656	$	2,610	$	5,145	$	5,198

Amortization expense of finite-lived intangible assets related to core technologies was recorded in "Amortization of acquired technology" within "Total cost of sales" in the Statements of Operations, and amortization expense of finite-lived intangible assets related to customer relationships and trade name was recorded in "Intangible amortization" within "Total operating expenses, net" in the Statements of Operations. Amortization expense of finite-lived intangible assets related to software licenses was recorded in "Cost of sales" in the Statements of Operations and amortization expense of finite-lived intangible assets related to capitalized development costs was recorded in "Product development and engineering" in the Statements of Operations.


(in thousands)	Core Technologies		Customer Relationships		Trade Name		Capitalized Development Costs		Software Licenses		Total
2026 (remaining six months)	$	4,217	$	230	$	66	$	396	$	192	$	5,101
2027	3,756		461		133		792		384		5,526
2028	3,599		461		133		515		384		5,092
2029	3,130		461		133		284		384		4,392
2030	—		461		133		284		384		1,262
Thereafter	—		1,363		395		639		1,892		4,289
Total expected amortization expense	$	14,702	$	3,437	$	993	$	2,910	$	3,620	$	25,662

Also in "Other intangible assets, net" in the Balance Sheets, are finite-lived intangible assets to be amortized upon placement in service. The following table sets forth the Company's finite-lived intangible assets not yet placed in service:


(in thousands)	Capitalized Development Costs		Software Licenses		Total
Balance at January 26, 2025	$	2,104	$	6,140	$	8,244
Additions	1,481		4,950		6,431
Placed in service	(2,145)		(3,540)		(5,685)
Balance at July 27, 2025	$	1,440	$	7,550	$	8,990