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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 28, 2025
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of carrying amount of goodwill

As of June 28, 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

Impairment

(64,869)

(64,869)

Foreign currency translation

 

11,809

897

 

12,706

Balance as of June 28, 2025

$

368,546

$

203,138

$

571,684

Infrastructure

    

Agriculture

    

Total

Gross balance as of June 28, 2025

$

482,797

$

323,138

$

805,935

Accumulated impairment losses

(114,251)

(120,000)

(234,251)

Balance as of June 28, 2025

$

368,546

$

203,138

$

571,684

Schedule of components of intangible assets

June 28, 2025

 

December 28, 2024

Gross

 

Gross

Carrying

Accumulated

 

Carrying

Accumulated

    

Amount

    

Amortization

 

Amount

    

Amortization

Amortizing intangible assets:

Customer relationships

$

219,703

$

161,425

$

230,063

$

166,516

Patents and proprietary technology

 

28,114

 

15,500

 

26,225

 

13,829

Trade names

 

20

19

 

2,870

 

2,654

Other

 

594

 

532

 

4,430

 

4,245

Non-amortizing intangible assets:

Trade names

55,686

57,738

$

304,117

$

177,476

$

321,326

$

187,244