v3.26.1
Goodwill and Intangible Assets
 6 Months Ended
Jul. 26, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
The following table summarizes goodwill by applicable operating segments:
Balance as of July 26, 2026Balance as of January 25, 2026
(in thousands)GoodwillAccumulated Impairment LossesCarrying ValueGoodwillAccumulated Impairment LossesCarrying Value
Signal Integrity$288,253 $— $288,253 $267,205 $— $267,205 
Analog Mixed Signal and Wireless
91,068 — 91,068 91,068 — 91,068 
IoT Systems and Connectivity946,785 (847,896)98,889 947,548 (847,896)99,652 
Total goodwill$1,326,106 $(847,896)$478,210 $1,305,821 $(847,896)$457,925 
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 25, 2026$267,205 $91,068 $99,652 $457,925 
Addition from acquisitions21,048 — — 21,048 
Cumulative translation adjustment— — (763)(763)
Balance at July 26, 2026$288,253 $91,068 $98,889 $478,210 
During the first six months of fiscal year 2027, the Company completed certain immaterial acquisitions, which resulted in the addition of $21.0 million in the carrying value of goodwill.
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 26, 2026, there was no indication of impairment of the Company's goodwill balances.
Purchased and Other Intangibles
The following table sets forth the Company's finite-lived intangible assets, which are amortized over their estimated useful lives:
July 26, 2026
(in thousands, except estimated useful life)Estimated
Useful Life		Gross
Carrying
Amount		Accumulated
Amortization		Accumulated ImpairmentNet Carrying
Amount
Core technologies
1-8 years
$143,792 $(50,644)$(64,310)$28,838 
Customer relationships
1-10 years
29,847 (12,792)(9,305)7,750 
Trade name
2-10 years
9,000 (3,323)(4,816)861 
Capitalized development costs
3-7 years
3,912 (1,305)(1,777)830 
Total finite-lived intangible assets$186,551 $(68,064)$(80,208)$38,279 
January 25, 2026
(in thousands, except estimated useful life)Estimated
Useful Life		Gross
Carrying
Amount		Accumulated
Amortization		Accumulated ImpairmentNet Carrying
Amount
Core technologies
1-8 years
$167,178 $(54,383)$(91,792)$21,003 
Customer relationships
1-10 years
53,248 (15,265)(34,777)3,206 
Trade name
2-10 years
9,000 (3,257)(4,816)927 
Capitalized development costs
3-7 years
3,912 (1,023)(1,777)1,112 
Software licenses
7-10 years
3,740 (312)— 3,428 
Total finite-lived intangible assets$237,078 $(74,240)$(133,162)$29,676 
Amortization expense of finite-lived intangible assets was as follows:
Three Months EndedSix Months Ended
(in thousands)July 26, 2026July 27, 2025July 26, 2026July 27, 2025
Core technologies$1,864 $2,214 $3,614 $4,419 
Customer relationships363 115 658 229 
Trade name33 33 66 66 
Capitalized development costs142 198 283 325 
Software licenses135 96 270 106 
Total amortization expense$2,537 $2,656 $4,891 $5,145 
Amortization expense of finite-lived intangible assets related to core technologies was recorded in "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.
Future amortization expense of finite-lived intangible assets is expected as follows:
(in thousands)Core TechnologiesCustomer RelationshipsTrade NameCapitalized Development CostsTotal
2027 (remaining six months)$3,585 $612 $66 $282 $4,545 
20286,117 1,042 133 287 7,579 
20295,744 1,042 133 57 6,976 
20303,040 1,042 133 57 4,272 
20313,040 1,042 133 57 4,272 
Thereafter7,312 2,970 263 90 10,635 
Total expected amortization expense$28,838 $7,750 $861 $830 $38,279 
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 CostsSoftware LicensesTotal
Balance at January 25, 2026$2,414 $7,925 $10,339 
Additions1,440 2,500 3,940 
Placed in service— (1,100)(1,100)
Reclassifications to assets held for sale— (6,825)(6,825)
Balance at July 26, 2026$3,854 $2,500 $6,354 
As of July 26, 2026, "Other intangible assets, net" in the Balance Sheets excluded amounts classified as held for sale. See Note 2, Business Held for Sale, for additional information.