Intangibles, net |
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Intangibles, net | 7. Intangibles, net The components of intangibles are as follows (in thousands):
Technology, backlog and customer relationships intangibles were recognized in conjunction with the Company’s acquisition of Blue Halo on May 1 2025. Refer to Note 17—Business Acquisitions for further details. The weighted average amortization period as of August 2, 2025 and April 30, 2025 was and three years, respectively. Amortization expense for the three months ended August 2, 2025 and July 27, 2024 was $58,161,000 and $4,774,000, respectively. Estimated remaining amortization expense for the next five years is as follows (in thousands):
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