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Goodwill and Intangible Assets
 3 Months Ended
Mar. 27, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets GOODWILL AND INTANGIBLE ASSETS
Goodwill
Goodwill represents the excess of the consideration transferred over the fair value of tangible and identifiable intangible assets acquired, less liabilities assumed in a business combination. During the three months ended March 27, 2026, the Company did not recognize any impairment charges or additions to goodwill. Details of aggregate goodwill of the Company are as follows:
(In millions)ProductsServicesTotal
Balance at December 26, 2025$114.2 $— $114.2 
Balance at March 27, 2026$114.2 $— $114.2 
Intangible Assets
Intangible assets are generally recorded in connection with business acquisitions and are amortized over their estimated useful lives. The Company evaluates the useful lives of its intangible assets each reporting period and reviews such assets for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable.
Details of intangible assets were as follows:
As of March 27, 2026As of December 26, 2025
(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 $(140.0)$67.2 $207.2 $(135.6)$71.6 
Recipes2073.2 (27.8)45.4 73.2 (26.8)46.4 
Intellectual property/know-how
7 - 15
48.9 (28.3)20.6 48.9 (27.2)21.7 
Tradename
4 - 6*
32.5 (23.5)9.0 32.5 (23.4)9.1 
Standard operating procedures208.6 (3.3)5.3 8.6 (3.2)5.4 
Developed technology54.6 (2.2)2.4 4.6 (2.0)2.6 
Total $375.0 $(225.1)$149.9 $375.0 $(218.2)$156.8 
*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.
The Company amortizes its intangible assets on a straight-line or accelerated basis over the estimated economic life of the assets. Amortization expense was approximately $6.9 million and $7.3 million for the three months ended March 27, 2026 and March 28, 2025, respectively. Amortization expense related to recipes, standard operating procedures, developed technology and certain intellectual property/know-how is included in cost of revenues, while the remaining amortization expense is included in general and administrative expense. As of March 27, 2026, future estimated amortization expense is expected to be as follows:
(In millions)Amortization
Expense
2026 (remaining in year)$20.4 
202726.9 
202823.8 
202916.2 
203015.3 
Thereafter38.3 
Total$140.9