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Goodwill and Other Intangible Assets, Net
12 Months Ended
Dec. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net
Changes in the carrying value of goodwill for the years ended December 29, 2023 and December 30, 2022 are summarized as follows:

Balance - December 31, 2021$580,761 
Additions (a)
12,184 
Cumulative translation adjustments(759)
Balance - December 30, 2022592,186 
Cumulative translation adjustments203 
Balance - December 29, 2023$592,389 
(a)Goodwill increased by $12,184 for the year ended December 30, 2022 due to the acquisitions of Staub and Clare. See Note 3 for additional details on the Company’s acquisitions.
As of December 29, 2023, and December 30, 2022, other intangible assets, net, consisted of the following:

December 29, 2023
Estimated
Useful Life
Gross Carrying
Amount (b)
Accumulated
Amortization
Net Carrying
Amount
Customer relationships
5 – 25 years
$521,099 $(149,772)$371,327 
Technology
4 – 15 years
98,478 (71,056)27,422 
Trade names – definite
2 – 10 years
59,995 (30,231)29,764 
Trade names – indefiniteindefinite76,564 — 76,564 
Total intangible assets$756,136 $(251,059)$505,077 

December 30, 2022
Estimated
Useful Life
Gross Carrying
Amount (b)
Accumulated
Amortization
Net Carrying
Amount
Customer relationships
5 – 25 years
$520,825 $(123,393)$397,432 
Technology
4 – 15 years
98,478 (54,391)44,087 
Trade names – definite
2 – 10 years
59,963 (23,627)36,336 
Trade names – indefiniteindefinite76,564 — 76,564 
Total intangible assets$755,830 $(201,411)$554,419 
(b)Amounts include any net changes in intangible asset balances for the periods presented that resulted from foreign currency translation.

Total amortization expense for intangible assets for the years ended December 29, 2023, December 30, 2022, and December 31, 2021 was $49,589, $50,229 and $48,553, respectively. The weighted-average useful life remaining for amortizing definite-lived intangible assets was approximately 14.0 years as of December 29, 2023.

As of December 29, 2023, the estimated amortization expense for intangible assets for the next five fiscal years and thereafter are as follows:

2024$43,204 
202535,588 
202635,233 
202734,417 
2028
33,871 
Thereafter246,200 
Total$428,513