XML 40 R29.htm IDEA: XBRL DOCUMENT v3.21.2
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 26, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule Of Goodwill

The following presents changes to goodwill for the period indicated:

 

 

 

For the thirty-nine weeks
ended September 26, 2021

 

Balance at December 31, 2020

 

$

359,099

 

Advance Engine Management acquisition

 

 

17,426

 

Classic Instruments acquisition

 

 

4,912

 

Measurement period adjustments*

 

 

423

 

Balance at September 26, 2021

 

$

381,860

 

Summary Of Intangible Assets

Intangible assets consisted of the following:

 

 

 

September 26, 2021

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

259,907

 

 

$

(29,878

)

 

$

230,029

 

Tradenames

 

 

13,775

 

 

 

(3,906

)

 

 

9,869

 

Technology

 

 

26,673

 

 

 

(8,469

)

 

 

18,204

 

Total finite-lived intangible assets

 

$

300,355

 

 

$

(42,253

)

 

$

258,102

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

Tradenames

 

$

163,768

 

 

 

 

 

$

163,768

 

 

 

 

 

December 31, 2020

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

245,274

 

 

$

(21,819

)

 

$

223,455

 

Tradenames

 

 

13,775

 

 

 

(3,369

)

 

 

10,406

 

Technology

 

 

24,595

 

 

 

(6,674

)

 

 

17,921

 

Total finite-lived intangible assets

 

$

283,644

 

 

$

(31,862

)

 

$

251,782

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

Tradenames

 

$

152,740

 

 

 

 

 

$

152,740

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The following outlines the estimated future amortization expense related to intangible assets held as of September 26, 2021:

 

2021 (excluding the thirty-nine weeks ended September 26, 2021)

 

$

3,573

 

2022

 

 

14,202

 

2023

 

 

14,039

 

2024

 

 

13,226

 

2025

 

 

13,189

 

Thereafter

 

 

199,873

 

Total

 

$

258,102