Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 24, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Details of Goodwill

Details of aggregate goodwill of the Company are as follows:

(In millions)	Products		Services		Total
Balance at December 25, 2020	$	97.6	$	73.5	$	171.1
Acquisition of Ham-Let	92.5			—	92.5
Balance at September 24, 2021	$	190.1	$	73.5	$	263.6

Purchased Intangible Assets

Details of intangible assets were as follows:

		As of September 24, 2021							As of December 25, 2020
		Gross							Gross
	Useful Life	Carrying		Accumulated			Carrying		Carrying		Accumulated			Carrying
(Dollars in millions)	(in years)	Amount		Amortization			Value		Amount		Amortization			Value
Customer relationships	6 - 10	$	193.3	$	(62.4	)	$	130.9	$	119.4	$	(50.6	)	$	68.8
Tradename	4 - 6*		36.8		(15.8	)		21.0		27.0		(11.7	)		15.3
Intellectual property/know-how	7 - 15		49.4		(12.1	)		37.3		13.9		(9.8	)		4.1
Recipes	20		73.2		(11.3	)		61.9		73.2		(8.5	)		64.7
Standard operating procedures	20		8.6		(1.3	)		7.3		8.6		(1.0	)		7.6
Backlog	1		5.2		(2.6	)		2.6		—		—			—
Total		$	366.5	$	(105.5	)	$	261.0	$	242.1	$	(81.6	)	$	160.5

* The Company concluded that the asset life of the UCT tradename of $9.0 million is indefinite and is therefore not amortized but is reviewed for impairment at least annually and whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable.

Future Estimated Amortization Expense

As of September 24, 2021, future estimated amortization expense is expected to be as follows:

	Amortization
(In millions)	Expense
2021 (remaining in year)	$	9.5
2022		33.4
2023		26.4
2024		25.5
2025		23.2
Thereafter		134.0
Total	$	252.0