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INTANGIBLE ASSETS
12 Months Ended
Jan. 02, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
Intangible assets consisted of the following at the dates indicated below (dollars in thousands): 

January 2, 2021
Useful Life
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Tradename
Indefinite
$31,363 $— $31,363 
Trade dress
Indefinite
14,197 — 14,197 
Trademarks
Indefinite
13,514 — 13,514 
Customer relationships
11 years42,205 (32,783)9,422 
Trademarks
6 - 30 years
19,514 (5,982)13,532 
Patents
4 - 25 years
10,369 (1,072)9,297 
Other intangibles
15 years1,045 (292)753 
Total intangible assets
$132,207 $(40,129)$92,078 

December 28, 2019
Useful Life
Gross Carrying Amount
Accumulated
Amortization
Net Carrying Amount
TradenameIndefinite$31,363 $— $31,363 
Trade dressIndefinite13,917 — 13,917 
TrademarksIndefinite9,245 — 9,245 
Customer relationships11 years42,205 (28,947)13,258 
Trademarks(1)
6 - 30 years
19,872 (4,307)15,565 
Patents
4 - 25 years
7,407 (719)6,688 
Non-compete agreements5 years2,815 (2,815)— 
Other intangibles15 years1,041 (227)814 
Total intangible assets$127,865 $(37,015)$90,850 
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(1)Includes the acquisition of $9.1 million in trademarks during 2019, as discussed below.
Amortization expense was $5.9 million, $5.8 million, and $5.3 million, for 2020, 2019, and 2018, respectively. Amortization expense related to intangible assets is expected to be $4.9 million for 2021 and 2022, $4.8 million for 2023, $3.4 million for 2024, and $2.1 million for 2025.

Intellectual Property Acquisition
In March 2019, we acquired the intellectual property rights related to the YETI brand across several jurisdictions, primarily in Europe and Asia, for approximately $9.1 million, pursuant to certain purchase agreements we entered into with a European outdoor retailer. The intellectual property rights include trademark registrations and applications for YETI formative trademarks for goods and services, as well as domain names that include the YETI trademark. The purchase price has been allocated to trademarks.