XML 26 R16.htm IDEA: XBRL DOCUMENT v3.24.3
Goodwill and Intangible Assets
3 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
10.Intangible Assets
The gross carrying amount and accumulated amortization of intangible assets were comprised of the following:
Successor
September 27, 2024December 29, 2023
Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Completed technology$495.2 $61.6 $624.6 $16.2 
As of September 27, 2024 (Successor), the Company reclassified $108.7 million from intangible assets, net to assets held for sale associated with Therakos. Refer to Note 3 for additional information.
Intangible asset amortization expense was as follows:
SuccessorPredecessor
Three Months
Ended
September 27, 2024
Three Months
Ended
September 29, 2023
Amortization expense$18.0 $125.6 
SuccessorPredecessor
Nine Months
Ended
September 27, 2024
Nine Months
Ended
September 29, 2023
Amortization expense$66.1 $388.1 
The estimated aggregate amortization expense on intangible assets owned by the Company is expected to be as follows:
Successor
Remainder of Fiscal 2024$14.2
Fiscal 202551.8
Fiscal 202648.4
Fiscal 202745.1
Fiscal 202841.8
Fiscal 202935.5