GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

6 Months Ended

Jul. 03, 2021

GOODWILL AND INTANGIBLE ASSETS, NET

Schedule of Intangible assets

Intangible assets, net as of July 3, 2021 consisted of the following (in thousands):

	July 3, 2021
			Foreign
	Gross Carrying		Currency		Accumulated
	Amount		Translation		Amortization		Net Amount
Trade names and trademarks	$	135,100	$	789	$	13,323	$	122,566
Patented technology		16,126		117		4,335		11,908
Pool design		5,728		474		854		5,348
Franchise relationships		1,187		97		620		664
Dealer relationships		160,376		39		24,212		136,203
Non-competition agreements		2,476		—		1,258		1,218
	$	320,993	$	1,515	$	44,602	$	277,906

Intangible assets, net as of December 31, 2020 consisted of the following (in thousands):

	December 31, 2020
			Foreign
	Gross Carrying		Currency		Accumulated
	Amount		Translation		Amortization		Net Amount
Trade names and trademarks	$	135,100	$	1,047	$	10,258	$	125,889
Patented technology		16,126		155		3,452		12,829
Pool designs		5,728		629		648		5,709
Franchise relationships		1,187		130		470		847
Dealer relationships		160,376		52		17,697		142,731
Non-competition agreements		2,476		—		1,008		1,468
	$	320,993	$	2,013	$	33,533	$	289,473

Schedule of estimated amortization expense related to definite-lived intangible assets

The Company estimates that amortization expense related to definite-lived intangible assets will be as follows in each of the next five years and thereafter (in thousands):

	Estimated
	Future
	Amortization
Year Ended	Expense
Remainder of fiscal 2021	$	10,653
2022		21,959
2023		21,768
2024		20,948
2025		20,791
Thereafter		181,787
Total	$	277,906