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Goodwill and Intangible Assets
9 Months Ended
Sep. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
 
(a)    Goodwill
 
    The carrying amounts of goodwill as of September 28, 2025 and December 29, 2024 by reportable segment are as follows (in millions):
As of September 28, 2025
KGSUSTotal
Gross value$709.7 $138.6 $848.3 
Less accumulated impairment239.5 13.8 253.3 
Net$470.2 $124.8 $595.0 

As of December 29, 2024
KGSUSTotal
Gross value$683.6 $138.6 822.2 
Less accumulated impairment239.5 13.8 253.3 
Net$444.1 $124.8 $568.9 

(b)    Purchased Intangible Assets
 
The following table sets forth information for finite-lived and indefinite-lived intangible assets (in millions): 
 As of September 28, 2025As of December 29, 2024
 Gross
Value
Accumulated
Amortization
Net
Value
Gross
Value
Accumulated
Amortization
Net
Value
Acquired finite-lived intangible assets:    
Customer relationships$87.6 $(67.5)$20.1 $80.9 $(65.3)$15.6 
Contracts and backlog54.7 (46.7)8.0 53.1 (43.2)9.9 
Non-compete Agreements
0.5 (0.1)0.4 — — — 
Developed technology and technical know-how35.1 (30.5)4.6 33.7 (29.4)4.3 
Trade names4.4 (3.4)1.0 3.8 (3.1)0.7 
In-process research and development16.8 (0.6)16.2 16.8 (0.4)16.4 
Total finite-lived intangible assets199.1 (148.8)50.3 188.3 (141.4)46.9 
Indefinite-lived trade names6.9 — 6.9 6.9 — 6.9 
Total intangible assets$206.0 $(148.8)$57.2 $195.2 $(141.4)$53.8 
Consolidated amortization expense related to intangible assets subject to amortization was $2.5 million and $2.2 million for the three months ended September 28, 2025 and September 29, 2024, respectively, and $7.4 million and $6.5 million for the nine months ended September 28, 2025 and September 29, 2024 respectively.
The estimated future amortization expense of acquired intangible assets with finite lives for the remainder of 2025 and the next five fiscal years, and thereafter as of September 28, 2025 is as follows (in millions):
Amount
2025
$2.3 
2026
10.9 
2027
8.5 
2028
5.7 
2029
5.7 
2030
5.2 
Thereafter
12.0 
     Total
$50.3