GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 29, 2025

GOODWILL AND OTHER INTANGIBLE ASSETS

Schedule of carrying amount of goodwill

As of March 29, 2025 and December 28, 2024, the carrying amounts of goodwill by segment were as follows:

	Infrastructure		Agriculture		Total
Gross balance as of December 28, 2024	$	470,988	$	322,241	$	793,229
Accumulated impairment losses		(49,382)		(120,000)		(169,382)
Balance as of December 28, 2024		421,606		202,241		623,847
Foreign currency translation		3,800		361		4,161
Balance as of March 29, 2025	$	425,406	$	202,602	$	628,008

	Infrastructure		Agriculture		Total
Gross balance as of March 29, 2025	$	474,788	$	322,602	$	797,390
Accumulated impairment losses		(49,382)		(120,000)		(169,382)
Balance as of March 29, 2025	$	425,406	$	202,602	$	628,008

Schedule of components of intangible assets

	March 29, 2025				December 28, 2024
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
Amortizing intangible assets:
Customer relationships	$	231,533	$	170,060	$	230,063	$	166,516
Patents and proprietary technology		26,955		14,508		26,225		13,829
Trade names		2,870		2,762		2,870		2,654
Other		4,519		4,358		4,430		4,245
Non-amortizing intangible assets:
Trade names		58,610		—		57,738		—
	$	324,487	$	191,688	$	321,326	$	187,244