Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 27, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Goodwill

Details of aggregate goodwill of the Company are as follows:

(In millions)	Products		Services		Total
Balance at December 30, 2022	$	175.3	$	73.5	$	248.8
Acquisition of HIS	16.4		—		16.4
Balance at December 29, 2023	$	191.7	$	73.5	$	265.2
HIS Fair value adjustment	0.1		—		0.1
Balance at December 27, 2024	$	191.8	$	73.5	$	265.3

Summary of Purchased Intangible Assets

Details of intangible assets were as follows:

		As of December 27, 2024						As of December 29, 2023
(Dollars in millions)	Useful Life (In years)	Gross Carrying Amount		Accumulated Amortization		Carrying Value		Gross Carrying Amount		Accumulated Amortization		Carrying Value
Customer relationships	6 - 10	$	207.2	$	(117.4)	$	89.8	$	207.2	$	(97.5)	$	109.7
Recipes	20	73.2		(23.2)		50.0		73.2		(19.5)		53.7
Intellectual property/knowhow	7 - 15	48.9		(22.8)		26.1		48.9		(18.4)		30.5
Tradename	4 - 6*	32.5		(22.9)		9.6		32.5		(22.1)		10.4
Standard operating procedures	20	8.6		(2.7)		5.9		8.6		(2.3)		6.3
Developed technology	5	4.6		(1.1)		3.5		4.6		(0.2)		4.4
Backlog	1	0.6		(0.6)		—		0.6		(0.3)		0.3
Total		$	375.6	$	(190.7)	$	184.9	$	375.6	$	(160.3)	$	215.3

*The Company concluded that the asset life of 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.

Summary of Future Estimated Amortization Expense

As of December 27, 2024, future

estimated amortization expense is expected to be as follows:

(In millions)	Amortization Expense
2025	$	28.1
2026	27.2
2027	26.9
2028	23.8
2029	16.2
Thereafter	53.7
Total	$	175.9