MRVL » Topics » Amortization of Acquired Intangible Assets

This excerpt taken from the MRVL 10-Q filed Jun 11, 2009.

Amortization of Acquired Intangible Assets

 

     Three Months Ended     %
Change
 
     May 2,
2009
    May 3,
2008
   
     (in thousands, except percentages)  

Amortization of acquired intangible assets

   $ 30,356     $ 35,247     (13.9 )%

% of net revenue

     5.8 %     4.4 %  

 

30


Table of Contents

The decrease in amortization of acquired intangible assets for the three months ended May 2, 2009 compared to the three months ended May 3, 2008 was due to amortization of intangible assets from certain acquisitions being fully amortized and the effects of the write-off of certain purchased intangibles during the fourth quarter ended January 31, 2009.

This excerpt taken from the MRVL 10-Q filed Dec 11, 2008.

Amortization of Acquired Intangible Assets

 

 

 

Three Months Ended

 

 

 

Nine Months Ended

 

 

 

 

 

November 1,
2008

 

October 27,
2007

 

%
Change

 

November 1,
2008

 

October 27,
2007

 

%
Change

 

Amortization of acquired intangible assets

 

$

34,814

 

$

37,311

 

(6.7

)%

$

105,049

 

$

111,924

 

(6.1

)%

% of net revenue

 

4.4

%

4.9

%

 

 

4.3

%

5.5

%

 

 

 

In fiscal 2007 and 2008, we made seven acquisitions in which we acquired intangible assets that are being amortized over their estimated economic lives of one to eight years.  The decrease in amortization of acquired intangible assets for the three and nine months ended November 1, 2008 compared to the three and nine months ended October 27, 2007 was due to amortization of intangible assets from certain acquisitions being fully amortized.

 

This excerpt taken from the MRVL 10-Q filed Sep 10, 2008.

    Amortization of Acquired Intangible Assets

 

 

 

Three Months Ended

 

 

 

Six Months Ended

 

 

 

 

 

August 2,
2008

 

July 28,
2007

 

%
Change

 

August 2,
2008

 

July 28,
2007

 

%
Change

 

Amortization of acquired intangible assets

 

$

34,988

 

$

37,293

 

(6.2

)%

$

70,235

 

$

74,613

 

(5.9

)%

% of net revenue

 

4.1

%

5.7

%

 

 

4.3

%

5.8

%

 

 

 

In fiscal 2007 and 2008, we made seven acquisitions in which we acquired intangible assets that are being amortized over their estimated economic lives of one to eight years.  The decrease in amortization of acquired intangible assets for the three and six months ended August 2, 2008 compared to the three and six months ended July 28, 2007 was due to amortization of intangible assets from certain acquisitions being fully amortized.

 

This excerpt taken from the MRVL 10-Q filed Jun 6, 2008.

Amortization of Acquired Intangible Assets

 

 

 

Three Months Ended

 

 

 

 

 

May 3,
2008

 

April 28,
2007

 

% Change

 

Amortization of acquired intangible assets

 

$35,247

 

$37,320

 

(5.6

)%

% of net revenue

 

4.4

%

5.9

%

 

 

 

In fiscal years 2007 and 2008, we made seven acquisitions in which we acquired intangible assets that are being amortized over their estimated economic lives of one to eight years.  The decrease in amortization of acquired intangible assets in the first quarter of fiscal 2009 compared to the first quarter of fiscal 2008 was due to amortization of intangible assets from certain acquisitions being fully amortized.

 

This excerpt taken from the MRVL 10-Q filed Sep 6, 2007.

Amortization of Acquired Intangible Assets

 

Three Months Ended

 

 

 

Six Months Ended

 

 

 

 

 

July 28,
2007

 

July 29,
2006

 

Percent
Change

 

July 28,
2007

 

July 29,
2006

 

Percent
Change

 

Amortization of acquired intangible assets

 

$

37,293

 

$

27,405

 

36.1

%

$

74,613

 

$

44,756

 

66.7

%

% of net revenue

 

5.7

%

4.8

%

 

 

5.8

%

4.1

%

 

 

 

In the first six months of fiscal 2007, we made three acquisitions in which we acquired intangible assts which are being amortized over their estimated economic lives of one to six years.  The increase in amortization of acquired intangible assets in the second quarter and first six months of fiscal 2008 compared to the second quarter and first six months of fiscal 2007 was due to additional amortization of intangible assets from the acquisitions made in the first six months of fiscal 2007.

This excerpt taken from the MRVL 10-Q filed Jul 9, 2007.

Amortization of Acquired Intangible Assets

 

 

Three Months Ended

 

 

 

 

 

April 28,
2007

 

April 29,
2006

 


% Change

 

Amortization of acquired intangible assets

 

$

37,320

 

$

17,351

 

115.1

%

% of net revenue

 

5.9

%

3.3

%

 

 

 

In fiscal 2007, we made five acquisitions in which we acquired intangible assets which are being amortized over their estimate economic lives of one to eight years.  The increase in amortization of acquired intangible assets in the first quarter of fiscal 2008 compared to the first quarter of fiscal 2007 is due to additional amortization of intangible assets from new acquisitions.

This excerpt taken from the MRVL 10-Q filed Jul 2, 2007.

Amortization of Acquired Intangible Assets

 

 

Three Months Ended

 

 

 

Six Months Ended

 

 

 

 

 

July 29,
2006

 

July 30,
2005

 

Percent
Change

 

July 29,
2006

 

July 30,
2005

 

Percent
Change

 

Amortization of acquired intangible assets

 

$

27,405

 

$

19,753

 

38.7

%

$

44,756

 

$

39,512

 

13.3

%

% of net revenue

 

4.8

%

5.1

%

 

 

4.1

%

5.2

%

 

 

 

55




In connection with various acquisitions, we have recorded acquired intangible assets which are being amortized over their estimated economic lives of one to six years.  The increase in amortization of acquired intangible assets in the second quarter and first six months of fiscal 2007 compared to the second quarter and first six months of fiscal 2006 was due to additional amortization of intangible assets from new acquisitions partially offset by the absence of amortization of acquired intangible assets from the acquisition of Galileo Technology Ltd. which were fully amortized at the end of fiscal 2006.

This excerpt taken from the MRVL 10-Q filed Jul 2, 2007.

Amortization of Acquired Intangible Assets

 

Three Months Ended

 

 

 

Nine Months Ended

 

 

 

 

 

October 28,
2006

 

October 29,
2005

 

Percent
Change

 

October 28,
2006

 

October 29,
2005

 

Percent
Change

 

Amortization of acquired intangible assets

 

$

27,405

 

$

19,746

 

38.8

%

$

72,161

 

$

59,258

 

21.8

%

% of net revenue

 

5.2

%

4.6

%

 

 

4.4

%

5.0

%

 

 

 

In connection with various acquisitions, we have recorded acquired intangible assets which are being amortized over their estimated economic lives of one to six years.  The increase in amortization of acquired intangible assets in the third quarter and first nine months of fiscal 2007 compared to the third quarter and first nine months of fiscal 2006 was due to additional amortization of intangible assets from new acquisitions partially offset by the absence of amortization of acquired intangible assets from the acquisition of Galileo Technology Ltd. which were fully amortized at the end of fiscal 2006.

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