v3.25.2
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jul. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amounts of Goodwill
The following table summarizes goodwill by applicable operating segments:
Balance as of July 27, 2025Balance as of January 26, 2025
(in thousands)GoodwillAccumulated Impairment LossesCarrying ValueGoodwillAccumulated Impairment LossesCarrying 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 Connectivity946,991 (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 
The following table summarizes the change in goodwill by applicable operating segments:
(in thousands)Signal Integrity
Analog Mixed Signal and Wireless
IoT Systems and ConnectivityTotal
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 
Schedule of Acquired Finite-Lived Intangible Assets
The following table sets forth the Company's finite-lived intangible assets, which are amortized over their estimated useful lives:
 July 27, 2025
(in thousands, except estimated useful life)Estimated
Useful Life
Gross
Carrying
Amount
Accumulated
Amortization
Accumulated ImpairmentNet 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 ImpairmentNet 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 costs3 years1,368 (278)— 1,090 
Software licenses7 years200 (14)— 186 
Total finite-lived intangible assets$217,077 $(60,825)$(131,385)$24,867 
Finite-lived Intangible Assets Amortization Expense
Amortization expense of finite-lived intangible assets was as follows:
Three Months EndedSix Months Ended
(in thousands)July 27, 2025July 28, 2024July 27, 2025July 28, 2024
Core technologies$2,214 $2,279 $4,419 $4,560 
Customer relationships115 114 229 228 
Trade name33 168 66 361 
Capitalized development costs198 49 325 49 
Software licenses96 — 106 — 
Total amortization expense$2,656 $2,610 $5,145 $5,198 
Schedule of Future Amortization of Intangible Asset
Future amortization expense of finite-lived intangible assets is expected as follows:
(in thousands)Core TechnologiesCustomer RelationshipsTrade NameCapitalized Development CostsSoftware LicensesTotal
2026 (remaining six months)$4,217 $230 $66 $396 $192 $5,101 
20273,756 461 133 792 384 5,526 
20283,599 461 133 515 384 5,092 
20293,130 461 133 284 384 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 
Schedule of Finite-Lived Intangible Assets The following table sets forth the Company's finite-lived intangible assets not yet placed in service:
(in thousands)Capitalized Development CostsSoftware LicensesTotal
Balance at January 26, 2025$2,104 $6,140 $8,244 
Additions1,481 4,950 6,431 
Placed in service(2,145)(3,540)(5,685)
Balance at July 27, 2025$1,440 $7,550 $8,990