Adaptec 2011 Annual Report Download - page 67

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Table of Contents
d. Intangible assets
The components of acquired intangible assets are as follows:
December 31, 2011 (in thousands) Gross
Accumulated
Amortization Net
Estimated
Life
Core technology $ 151,861 $ (102,874) $ 48,987 5-8 years
Customer relationships 90,600 (53,221) 37,379 4-10 years
Existing technology 115,200 (63,815) 51,385 3-5 years
Trademarks 5,600 (1,182) 4,418 6-8 years
Trademarks 3,600 — 3,600 Indefinite
Developed technology assets 52,484 (45,741) 6,743 3 years
Backlog 400 (400) — < 1 year
In-process research and development 200 (30) 170 5 years
In-process research and development 5,800 — 5,800 Indefinite
Total $ 425,745 $ (267,263) $ 158,482
December 26, 2010 (in thousands) Gross
Accumulated
Amortization Net
Estimated
life
Core technology $ 149,800 $ (85,139) $ 64,661 5-9 years
Customer relationships 90,600 (43,814) 46,786 2-10 years
Existing technology 115,200 (47,643) 67,557 3-7 years
Trademarks 5,600 (345) 5,255 6-8 years
Trademarks 3,600 — 3,600 Indefinite
Developed technology assets 46,080 (37,674) 8,406 3 years
Backlog 400 (400) — < 1 year
In-process research and development 6,000 — 6,000 4-5 years
Total $ 417,280 $ (215,015) $ 202,265
Estimated future amortization expense for intangible assets (in thousands) is as follows:
2012 $ 48,031
2013 47,311
2014 32,318
2015 20,182
2016 4,331
Thereafter 2,711
$ 154,884
e. Accrued liabilities.
The components of accrued liabilities are as follows:
(in thousands)
December 31,
2011
December 26,
2010
Accrued compensation and benefits $ 27,386 $ 41,239
Other accrued liabilities 38,753 36,931
Total $ 66,139 $ 78,170
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