XML 43 R31.htm IDEA: XBRL DOCUMENT v3.24.1
Intangible Assets (Tables)
12 Months Ended
Dec. 29, 2023
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Finite Lived Intangible Assets Including the Weighted Average Useful Lives

The following table presents the Company’s finite-lived intangible assets, including the weighted- average useful lives for each major intangible asset category and in total:

 

 

 

December 29, 2023

 

 

 

Weighted Average Remaining Useful Life

 

 

Intangible Assets, Gross

 

 

Accumulated Amortization

 

 

Intangible Assets, Net

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Trademark

 

 

4

 

 

$

10,600

 

 

$

(4,543

)

 

$

6,057

 

Customer contracts

 

 

3

 

 

 

6,527

 

 

 

(3,340

)

 

 

3,187

 

Total

 

 

 

 

$

17,127

 

 

$

(7,883

)

 

$

9,244

 

 

 

 

December 30, 2022

 

 

 

Weighted Average Remaining Useful Life

 

 

Intangible Assets, Gross

 

 

Accumulated Amortization

 

 

Intangible Assets, Net

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Trademark

 

 

5

 

 

$

10,600

 

 

$

(3,029

)

 

$

7,571

 

Customer contracts

 

 

4

 

 

 

6,709

 

 

 

(2,236

)

 

 

4,473

 

Total

 

 

 

 

$

17,309

 

 

$

(5,265

)

 

$

12,044

 

Schedule of Estimated Aggregate Remaining Amortization The Company’s estimated aggregate remaining amortization is as follows:

 

 

 

Amortization

 

 

 

Expense

 

(In thousands)

 

 

 

2024

 

$

2,577

 

2025

 

 

2,577

 

2026

 

 

2,577

 

2027

 

 

1,513

 

Total

 

$

9,244