Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jul. 02, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Intangible Assets Net

Goodwill and intangible assets are as follows:

							Initial
	July 2,			January 2,			Useful Life
	2022			2021			(in years)
	(in thousands)
Goodwill	$	372,652		$	364,598		indefinite
Other intangible assets:
Trade names (indefinite-lived)	$	208,441		$	212,141		indefinite
Customer relationships and customer-related assets		286,947			289,047		<1-15
Trade name (amortizable)		22,200			22,200		15
Developed technology		5,900			5,900		6-10
Non-compete agreement		3,338			3,338		2-5
Software license		590			590		2
Less: Accumulated amortization		(152,615	)		(138,691	)
Subtotal		166,360			182,384
Other intangible assets, net	$	374,801		$	394,525
Goodwill at January 1, 2022	$	364,598
Increase in Anlin Acquisition contingent consideration		789
Decrease in Anlin Acquisition trade name		3,700
Decrease in Anlin Acquisition customer relationships		4,300
Increase in Anlin Acquisition customer-related backlog asset		(2,200	)
Final net working capital payment in Anlin Acquisition		786
Estimated contingent consideration in Eco Acquisition		1,500
Net other measurement period changes in Anlin Acquisition		(821	)
Goodwill at July 2, 2022	$	372,652
Trade names (indefinite-lived) at January 1, 2022	$	212,141
Decrease in Anlin Acquisition trade name		(3,700	)
Trade names (indefinite-lived) at July 2, 2022	$	208,441

Estimated Amortization for Future Fiscal Year

Estimated amortization of our amortizable intangible assets for future years is as follows:

(in thousands)	Total
Remainder of 2022	$	10,963
2023		20,520
2024		20,474
2025		20,299
2026		16,906
Thereafter		77,198
Total	$	166,360