Intangible Assets and Goodwill

12 Months Ended

Dec. 27, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Goodwill

Note 4 – Intangible Assets and Goodwill

Definite-lived intangible assets consist of the following:

	December 27, 2024
	Gross value		Accumulated amortization		Accumulated impairment charges		Carrying amount		Weighted average useful life
Customer relationships	$	73,142	$	(28,779)	$	—	$	44,363	9.9 years
Developed technology	11,047		(6,694)		—		4,353		10.0 years
Total intangible assets	$	84,189	$	(35,473)	$	—	$	48,716

	December 29, 2023
	Gross value		Accumulated amortization		Accumulated impairment charges		Carrying amount		Weighted average useful life
Customer relationships	$	105,542	$	(53,680)	$	—	$	51,862	8.7 years
Developed technology	11,047		(5,621)		—		5,426		10.0 years
Total intangible assets	$	116,589	$	(59,301)	$	—	$	57,288

Future projected annual amortization expense consists of the following:

	Future amortization expense
2025	$	8,312
2026	7,729
2027	7,289
2028	7,055
2029	6,579
Thereafter	11,752
	$	48,716

The following tables present the changes to goodwill:

	Goodwill
Balance at December 31, 2021	$	335,902
Acquisitions	(500)
Balance at December 30, 2022	335,402
Acquisitions	—
Balance at December 29, 2023	335,402
Acquisitions	—
Balance at December 27, 2024	$	335,402