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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 27, 2025
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of carrying amount of goodwill

As of September 27, 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

 

9,964

1,019

 

10,983

Balance as of September 27, 2025

$

366,701

$

203,260

$

569,961

Infrastructure

    

Agriculture

    

Total

Gross balance as of September 27, 2025

$

480,952

$

323,260

$

804,212

Accumulated impairment losses

(114,251)

(120,000)

(234,251)

Balance as of September 27, 2025

$

366,701

$

203,260

$

569,961

Schedule of components of intangible assets

September 27, 2025

 

December 28, 2024

Gross

 

Gross

Carrying

Accumulated

 

Carrying

Accumulated

    

Amount

    

Amortization

 

Amount

    

Amortization

Amortizing intangible assets:

Customer relationships

$

218,843

$

162,804

$

230,063

$

166,516

Patents and proprietary technology

 

28,032

 

15,881

 

26,225

 

13,829

Trade names

 

 

2,870

 

2,654

Other

 

614

 

572

 

4,430

 

4,245

Non-amortizing intangible assets:

Trade names

55,185

57,738

$

302,674

$

179,257

$

321,326

$

187,244